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LSDefine

Simple English definitions for legal terms

S&L

Read a random definition: federal census

A quick definition of S&L:

Term: S&L

Definition: S&L stands for Savings-and-Loan Association. It is a type of financial institution where people can save their money and also borrow money to buy a house or other things they need. It's like a bank, but with a focus on helping people save and borrow for their homes.

A more thorough explanation:

S&L

S&L stands for Savings-and-Loan Association. It is a type of financial institution that accepts deposits from customers and uses those funds to make loans, particularly for mortgages and other types of real estate loans.

One example of an S&L is Washington Federal, which has branches in several states across the western United States. Another example is the former Washington Mutual, which was one of the largest S&Ls in the country before it was acquired by JPMorgan Chase in 2008.

These examples illustrate how S&Ls operate as banks that specialize in real estate lending. They take in deposits from customers and use those funds to make loans for home purchases, refinancing, and other real estate transactions.

sandbagging | S&T

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General chat about the legal profession.
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got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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