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Simple English definitions for legal terms

stock-parking

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A quick definition of stock-parking:

Stock-parking is when someone sells securities with an agreement to buy them back later for a similar price. This is sometimes done to avoid certain regulations or taxes. It can also refer to temporarily placing assets in a safe investment while considering other investment opportunities.

A more thorough explanation:

Definition: Stock-parking is the act of selling securities with an agreement to buy them back at a later time for a similar price. This is often done to evade securities regulations or tax laws. However, it can also refer to the placement of assets in a safe, short-term investment while considering other investment opportunities.

Example 1: A brokerage firm sells stock from its own account to a customer at market price to avoid the discount for reporting purposes. After filing its report, it buys the shares back from the customer at the same price, plus interest. This is an illegal form of stock-parking.

Example 2: An investor places their money in a money market fund while they research other investment opportunities. This is a legitimate form of stock-parking.

Both examples illustrate the definition of stock-parking. Example 1 shows how stock-parking can be used to evade securities regulations, while Example 2 shows how it can be used as a safe, short-term investment strategy.

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16:42
yes
16:42
every point is worth it
kms
i think they want me to take the june one in this case
above their median for everything chat i'm ending it
I applied NYU on October 8th like r give up right?
16:46
wtf
16:47
i'd reach out to their admissions and check up on it
I did 2x and they said "The vast majority of candidates who have submitted their complete application by our deadline will be notified by the last day of April"
like kinda fucked
16:50
ugh that's so annoying
law schools that ghost should give you your money back
or reject
like man GIVE IT BACK!!!!
ClassyPleasantHeron
16:56
Schools explicitly asking applicants to retake the LSAT are TTTs pretending to be 2nd tier.
LMAOOO
like man oklahoma more like oklahowaboutyoueatmyshoe
me when that person on reddit said UofU wave and it's.... 3 people
help who just posted that right after I started bitching in chat
my heart fell straight into my ass mind u
and i just got a fucking app status tracker update... not for UofU... my BP is so spiked rn
QuarrelsomeTurkey
18:29
does anyone know if bu ever releases after 5 pm
Lol @jupitersmoons It feels like UofU is screwing with us haha
fr like I know it"s Mountain Time but bestie we have less than half an hour before typical EOD
what we doing
Real
19:17
new COAs are out
19:37
Anyone know how long it takes to get aid package after getting admitted to UChicago or Northwestern?
I’d ask in the t14 chat bc lol it may be a bit until you can get someone who can answer that question here
21:19
@syddak: Oof tough spot. Congrats on the As. Did either indicate either via email/mail that they would be following up with aid, and if so, did they provide a time frame? It may be acceptable to email them and indicate seat deposits are fast approaching and you are curious if you can expect further info (aid) from the school to aid u in ur decision..
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