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LSDefine

Simple English definitions for legal terms

short-term loan

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A quick definition of short-term loan:

A short-term loan is when someone borrows money for a short period of time, usually a few weeks or months. This type of loan is often used for emergencies or unexpected expenses. The borrower must pay back the loan with interest within the agreed-upon timeframe.

A more thorough explanation:

A short-term loan is a type of loan that is meant to be paid back within a short period of time, usually within a year or less. These loans are often used to cover unexpected expenses or to bridge a gap in cash flow.

  • A business takes out a short-term loan to cover the cost of inventory for the holiday season.
  • An individual takes out a short-term loan to pay for car repairs.

These examples illustrate how short-term loans can be used to cover unexpected expenses or to bridge a gap in cash flow. They are meant to be paid back quickly, so they are often used for smaller amounts of money.

short-term debt | show-cause proceeding

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General chat about the legal profession.
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@RightPlant: you have a great chance at Northwestern!
Chicago, also not a bad chance, but it is more of a crapshoot
Esp since they care more about GPA than LSAT
Would gulc be later tn? I submitted mine mid Oct so don’t think they will get back to me yet
Anyone think au will get back to us tomo?
16:26
I have no clue, I would think it would be later tn based on past waves
radio silence from cornell hey no news is good news ....
gulc was friday last week but i think it was cause of holiday
16:29
genuinely if its not today I WILL crashout.
Dkk
16:29
@jackfrost11770: Cornell had the WL wave!
oh radio silence on my end
16:32
UR2 at UVA
16:32
not really what i wanted given i have a new LSAT score coming but thems the breaks
Dkk
16:33
@jackfrost11770: Man, I watched a video summarizing the stuff I missed in Arcane. You know, all the boring mel and ambessa stuff and that shit is actually incredibly important to the lore. That stuff is all LeBlanc shit and LeBlanc is like one of the most powerful characters in league.
Dkk
16:33
At least, lore wise. It will get interesting.
if ive been at UR 2 or 3 for UVA am i cooked
also is there ucla wave tongith or is that late reporters?
TypicalTeapot
16:37
DEAN ANDY PLEAAAAAASE
recentboo
16:43
leblanc and vlad coming in last arc
ohh i guess no wave today
16:55
@SplitterusClitterus: yes lol
oo dkk can u send link? i'm curious
i know nothing abt league so this is all new to me
Dkk
16:58
Yeah sure
thanks!!
oh yeah the whole black rose stuff
i'm glad they upped the horror season 2, it's so well done both sound and graphic design wise
the whole scene w the chains reminded me of hellraiser, very cool
Dkk
17:02
I don't like horror personally but I can deal with this level of horror.
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