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Simple English definitions for legal terms

speculative risk

Read a random definition: TUTELA.

A quick definition of speculative risk:

Speculative Risk: This is a type of risk where there is a chance of either losing or gaining something. It is different from pure risk, which always results in a loss. For example, investing in the stock market is a speculative risk because you could either make money or lose money. It is important to understand the risks involved before making any decisions.

A more thorough explanation:

Definition: Speculative risk is a type of risk that can result in either a loss or a gain. It is uncertain and unpredictable, and there is a chance of both profit and loss.

Examples:

  • Investing in the stock market is a speculative risk because there is a chance of making a profit or losing money.
  • Starting a new business is also a speculative risk because there is a chance of success or failure.
  • Betting on a sports game or a horse race is a speculative risk because there is a chance of winning or losing money.

These examples illustrate how speculative risk involves taking a chance on an uncertain outcome. In each case, there is a possibility of either gaining or losing something, and the outcome is not entirely within the control of the person taking the risk. Speculative risk is different from pure risk, which always results in a loss, such as damage from a natural disaster or a car accident.

speculation | speculative security

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16:16
prolly named veronica or sarah
windyMagician
16:16
@Dkk: for public defense tho?
windyMagician
16:16
Sarah in the bathroom
texaslawhopefully
16:17
@windyMagician: not at all. Michigan is also very generous with aid, so if you get enough it makes perfect sense to take it.
windyMagician
16:17
fuck okay
windyMagician
16:17
going to my dream school is crazy
michigan also has better options if you do PD for 10 years then want to do something else
windyMagician
16:19
also would love to clerk for my federal district court even tho I know its hella competitive, I think mich sets me up better?
16:20
would be a great point to bring up when ur deciding / visiting each place- see what recent placement looks like
texaslawhopefully
16:23
For fed clerkships by far Michigan places better. I think it’s like 14-15 percent
windyMagician
16:25
sticker debt is high-key scary tho
texaslawhopefully
16:26
I’m sure you’ll get good merit aid though. Look at Michigan’s 509 report. They’re very generous.
16:34
i am going to wait patiently into january to get into a law school
16:34
then i will start tweaking
texaslawhopefully
16:42
January could not come any sooner
16:54
i hope you guys all have a very lovely holiday season
17:02
has everyone finished procuring their presents?
17:02
I got my sis a vintage leather jacket off ebay she’s gonna freak she only has fake stuff
hi all
CynicalOops
17:14
Ive been slacking so hard on tickets fawk
CynicalOops
17:14
Wait
CynicalOops
17:14
Presents
CynicalOops
17:14
Im just gonna get everyone tickets so thats why i said that
jackfrost11770
17:14
people are so stupid on the internet its crazy
CynicalOops
17:15
T5 soft
windyMagician
17:18
that and the post asking for low gpa success stories along with every other identifying detail
i should be a vtuber so i can finally realize my dream of becoming an anime girl
17:23
@CynicalOops: tickets to what?
CynicalOops
17:26
I got my brother tickets to a golf tournament and im going to get my mom ski lift tickets because she just moved near a ski resort
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