Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

time loan

Read a random definition: tacit remission

A quick definition of time loan:

A time loan is when someone borrows money and agrees to pay it back by a certain date, usually more than a year from when they borrowed it. If they try to pay it back early, they might have to pay extra. It's like borrowing a toy from a friend and promising to give it back on a certain day.

A more thorough explanation:

Definition: A loan with a specified due date, usually of more than one year. Such a loan typically cannot be repaid before maturity without incurring a penalty.

Examples: A person takes out a time loan to buy a house. The loan has a specified due date, usually 15 to 30 years from the date of the loan. The borrower cannot repay the loan before the due date without incurring a penalty.

Explanation: A time loan is a type of loan that has a specific due date, usually of more than one year. The borrower cannot repay the loan before the due date without incurring a penalty. This type of loan is commonly used for large purchases, such as a house or a car. The borrower makes regular payments over the life of the loan until it is paid off in full.

time letter of credit | time note

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
LSD+ is ad-free, with DMs, discounts, case briefs & more.