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LSDefine

Simple English definitions for legal terms

secret equity

Read a random definition: prepayment penalty

A quick definition of secret equity:

Secret Equity: This means having something valuable that is not known to others. It is similar to having a secret treasure. Sometimes, people may not even know that they have this valuable thing. It is called "latent equity".

Secret Evidence: This means having information that is not known to others. It is like having a secret that you don't want to tell anyone. Sometimes, this information can be important in a court case.

Secretion of Assets: This means hiding something that belongs to you, like money or property, so that others cannot take it away from you. This is usually done to cheat someone who is trying to take your things away from you.

A more thorough explanation:

Definition: Secret equity refers to the hidden value of an asset or property that is not publicly known or recognized. This is similar to latent equity, which is the potential value of an asset that has not yet been realized.

Example: A company may have secret equity in the form of intellectual property, such as a patent or trademark, that is not reflected in its financial statements. This hidden value could be significant and could potentially increase the company's overall worth.

Explanation: Secret equity is important to consider when valuing a company or asset, as it can significantly impact its overall value. It is important to uncover any hidden assets or potential value in order to make informed decisions about investments or financial transactions.

secrete | secret partner

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General chat about the legal profession.
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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
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
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