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LSDefine

Simple English definitions for legal terms

soft dollars

Read a random definition: certificate of magistracy

A quick definition of soft dollars:

Soft dollars are credits that brokers give to their clients for doing business with them in the stock-trading industry. It's like a reward for being a loyal customer. Additionally, it's a portion of an equity investment that can be deducted from taxes in the first year. This is different from hard dollars, which are not tax-deductible.

A more thorough explanation:

Definition: Soft dollars are credits that brokers give their clients in exchange for the clients' stock-trading business. These credits can be used to pay for research, data, or other services that the broker provides to the client.

For example, if a client trades a certain amount of stock through a broker, the broker may offer them soft dollars that can be used to pay for research reports or other services that the client needs. These soft dollars are not actual currency, but rather a form of credit that can be used to pay for certain expenses.

Soft dollars are different from hard dollars, which are actual currency that is paid to a broker for their services. Soft dollars are often used in the securities industry to incentivize clients to do business with a particular broker, and they can be a valuable tool for investors who need access to research or other services.

soft currency | soft goods

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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