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Simple English definitions for legal terms

T-BOND

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A quick definition of T-BOND:

Term: T-BOND

Definition: A T-bond is a type of investment that people can buy from the government. It is also called a Treasury bond. When someone buys a T-bond, they are lending money to the government. In return, the government promises to pay back the money with interest after a certain amount of time. T-bonds are considered a safe investment because they are backed by the government.

A more thorough explanation:

T-BOND

A T-Bond is short for Treasury Bond, which is a type of government bond issued by the United States Treasury Department. It is a long-term investment that pays interest every six months until it matures, which can take up to 30 years.

For example, if you buy a T-Bond with a face value of $1,000 and a maturity date of 10 years, you will receive interest payments twice a year for 10 years. At the end of the 10 years, you will receive the $1,000 back.

Another example is if you buy a T-Bond with a face value of $10,000 and a maturity date of 30 years, you will receive interest payments twice a year for 30 years. At the end of the 30 years, you will receive the $10,000 back.

T-Bonds are a way for the government to borrow money from investors. The government promises to pay back the money with interest over a set period of time. The examples show how T-Bonds work and how investors can earn money by buying them. The longer the maturity date, the higher the interest rate tends to be, but the longer the investor has to wait to get their money back.

T-BILL | T.C.

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soyalmondoatmilk
15:59
that's so fair. i love their roasted sweet potatoes and spicy cashew dressing--highly recommend
babycat
16:00
@shaquilleoatmeal: I’ll stop by just for you. I gotta grind out some of my last essays tn.
shaquilleoatmeal
16:02
@soyalmondoatmilk: im weak af, can't handle that spicy cashew lmao
shaquilleoatmeal
16:03
@babycat: 😘 see you in a bit, grind out those essays before you hop back on
shaquilleoatmeal
16:04
appreciate the non wink since you didn't appreciate it them then lol
babycat
16:06
I'll do it for you ;)
16:06
Tough to justify attending a law school where the admissions office does epic resistance political commentary at the info session
BulbasaurNoLikeCardio
16:07
making me feel jealous here wow, I am about to go taste test a bunch of deserts for our baby shower this weekend.
BulbasaurNoLikeCardio
16:07
@milktoast: what school got political at an info session?
shaquilleoatmeal
16:11
nothin to be jealous about, i've been trying to slide into babycats dms but shes got a long line I guess I gotta wait in to see if I can get in lmao
babycat
16:11
omg if you get into ASU they give you travel expense reimbursement to go there for a visit. does anyone know which other schools do this? I'd love to get a comped vacation
shaquilleoatmeal
16:12
think BU gives you $300 or somethin
ClassyPleasantHeron
16:12
Where is ASU getting this kind of $$$ from? They waive CAS fees too.
babycat
16:13
@shaquilleoatmeal: yeah but then you have to go to Boston :(
shaquilleoatmeal
16:14
uva too
shaquilleoatmeal
16:14
whats wrong w boston ;(
GOT PROMOTED YAY how do i tell law schools abt this?
like do i type up and separate doc and send as an attachment? how much do i write?
shaquilleoatmeal
16:15
@jackfrost11770: LFGGGG
TYYYYYY
shaquilleoatmeal
16:16
do any of your schools have updated sections in the portal? If so, i'd upload there, if not email. Small paragraph should do it id think
1a2b3c4d26z
16:16
Who wanna play some operation metro later on
1a2b3c4d26z
16:16
Congrats jack!
thank you!!
babycat
16:16
@jackfrost11770: personally I would submit an updated resume reflecting the new position instead of a paragraph but idk what SOP is
getting a bacon egg and cheese in celebration
1a2b3c4d26z
16:18
lfg baby you earned that
babycat
16:20
also congrats!! big win
initiallaw
16:23
congrats!!
:D
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