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Simple English definitions for legal terms

total-offset rule

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A quick definition of total-offset rule:

The total-offset rule is a way of deciding how much money someone should get if they were hurt or suffered a loss because of someone else's actions. It says that the amount of money should take into account how much prices have gone up over time, so that the money is worth the same amount in the future as it is now. This means that the amount of money awarded doesn't need to be adjusted for inflation or discounted to its present value.

A more thorough explanation:

The total-offset rule is a theory of damages in tort law. It states that the effect of inflation reduces the value of money over time, which offsets the accrual of interest on an award. Therefore, it is unnecessary to discount future damages to their present value.

Suppose a person is injured in a car accident and is awarded $100,000 in damages. The total-offset rule suggests that the value of this award will decrease over time due to inflation. However, the interest earned on the award will increase its value. The total-offset rule states that these two effects will cancel each other out, making it unnecessary to adjust the award for inflation or discount future damages to their present value.

Another example could be a medical malpractice case where a patient is awarded $500,000 in damages for future medical expenses. The total-offset rule suggests that the value of this award will decrease over time due to inflation. However, the interest earned on the award will increase its value. The total-offset rule states that these two effects will cancel each other out, making it unnecessary to adjust the award for inflation or discount future damages to their present value.

In summary, the total-offset rule is a theory of damages that takes into account the effects of inflation and interest on an award. It suggests that these two effects will cancel each other out, making it unnecessary to adjust the award for inflation or discount future damages to their present value.

total loss | total repudiation

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SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
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Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
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Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
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.
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