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Simple English definitions for legal terms

unearned income

Read a random definition: publican

A quick definition of unearned income:

Unearned income refers to money that you receive without having to work for it. This can include income from investments, such as interest, dividends, or capital gains, or any other income that isn't compensation for services. Basically, it's money that you get just because you own something or have invested in something, rather than because you did a job or provided a service.

A more thorough explanation:

Unearned Income

Unearned income is money that you receive from investments, such as interest, dividends, or capital gains, or any other income that isn't compensation for services.

Interest earned on a savings account
Dividends received from stocks
Capital gains from selling a property

These examples illustrate unearned income because they are all forms of income that are not earned through work or services provided. Instead, they are generated through investments or other passive means.

Undue influence | Unemployment compensation

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

GreyCeaselessMammoth

9:42

straight R no wl

shaquilleoatmeal

9:42

lmao - if i had to guess, dude thought stats would carry and probably put no effort into the essays and it showed

[] starfishies

9:42

this is more mean lol bro could be in the room with us and is nice to update their results

GreyCeaselessMammoth

9:43

ollie we support you

GreyCeaselessMammoth

9:43

change your name to olliewillgotoUChicago?

KnowledgeableRitzyWasp

9:43

ollie you need better stats than that to go to harvard :(

lilypadfrog

9:44

uchicago famously hates low gpas

GreyCeaselessMammoth

9:44

olliewillgotoUpenn

GreyCeaselessMammoth

9:44

i think he has good chances there

Mostlylegal

9:44

upenn famously hates high lsats

GreyCeaselessMammoth

9:45

https://www.lsd.law/users/creep/UselessPlasticWarthog

GreyCeaselessMammoth

9:45

ollie blueprint

cumsock

9:45

do you think about the days when we sat down smoking wine and drinking haze

PuppyBot

9:48

morninh

cumsock

9:48

i wanna quit my jorb

cumsock

9:49

and ride the rails

BulbasaurNoLikeCardio

9:49

@cumsock: same and not cause it sucks, I love who I work with/for and it is super easy but I am trying to save a lot of LS so I can ball out while unemployed

BulbasaurNoLikeCardio

9:50

How much is everyone trying to save up for when they get to school?

shaquilleoatmeal

9:51

@PuppyBot: tripppp, u were heavy on my mind last night after the bs in the chat

cumsock

9:51

i plan to be the most frugal mf alive in school

cumsock

9:52

paint chips for dinner

cumsock

9:52

thats what i always eat tho

lilypadfrog

9:52

glove do you want to go dumpster diving with me

cumsock

9:52

yea thats where all the good snacks are

cumsock

9:52

like plastic bags

lilypadfrog

9:53

😋😋😋😋

[] starfishies

9:53

@BulbasaurNoLikeCardio: i didn't think about this until it was too late lol i'll be lucky to save like 7k if that

shaquilleoatmeal

9:54

@BulbasaurNoLikeCardio: saving enough to have mortgage +bills for the first 2 years of law school, figured i can work again after the 2nd year but at least ill give myself the flexibility to focus on school and not bills. A little to the side because life happens and sometimes u need to prepared for hitting rock bottom

BulbasaurNoLikeCardio

9:54

I am trying to be pretty frugal now, looked up the cost to have PODs move my shit and I am like fuck that is a lot. I am trying to squirrel half my monthly income away so I can have a fat amount of cushion

PuppyBot

9:54

@shaquilleoatmeal: how sweet

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