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LSDefine

Simple English definitions for legal terms

value

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A quick definition of value:

Value: Value refers to the importance, usefulness, or worth of something. It can also refer to the amount of money or goods that something is worth in an exchange. For example, if you have a toy that is very popular, it may have a high value because many people want it. Value can also be used in insurance to refer to the amount of money that would be paid out if something is lost or damaged.

A more thorough explanation:

Definition: The significance, desirability, or usefulness of something. It can also refer to the monetary worth or price of something.

Examples:

  • Social value: The value of something to the general public, such as a park or public transportation system.
  • Monetary value: The amount of money that something is worth, such as the price of a car or a house.
  • Market value: The price that a seller is willing to accept and a buyer is willing to pay on the open market and in an arm's-length transaction.

The examples illustrate how value can refer to both the importance or usefulness of something and its monetary worth. Social value refers to the significance of something to the general public, while monetary value refers to the amount of money something is worth. Market value is an example of how value can be determined by supply and demand in a transaction between a buyer and seller.

valuation list | valued policy

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no i think there should be a Law School combine with all new drills except there is still the 40 yard dash
and a sub 4.5 gets you into any t14
LSAT can be one of the drills
letsseehowitgoesnow
11:17
so washu only called one person
So all the D1 athletes will get into a T-14. What else is new?
@TheAdoptedOne: that is called "Dean Poker Night" lol
@ClockworkBlue: I feel like most people could train for the 40 for the same amount of time as they do the LSAT and get close to sub 5 which would be equivalent to a 167+
this is like the schizophrenic posts JJK tik tok be putting out
powerscaling Law School deans up next
11:19
Election Day election day
Write in Dean Z vote
11:20
Saw a guy that wrote in Biden and he said no retirement for you buddy
1a2b3c4d26z
11:20
@ClockworkBlue: god I hope that's true
if the country was run the same as Mich Law it would be a better place
Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."
imagine if it was like Berkley applications
1a2b3c4d26z
11:22
Election status: Complete
1a2b3c4d26z
11:22
For months
triplethread
11:23
erection day
soapy
11:23
Shoutout to Robinhood's election bet not resolving until January
triplethread
11:23
is anyone else like certain that trump will win
ambitiouslizard
11:23
he aint winning
triplethread
11:23
i like being a pessimist
ambitiouslizard
11:24
he lost his re-election, why would he win this one?
1a2b3c4d26z
11:25
I have no idea why people have so much beef w berkeley's app
I've been reading a bit about "herding," which is this idea that pollsters are making the race look tied so they look right no matter who wins.
1a2b3c4d26z
11:26
Like... it's a more involved app but you don't have to do it? They're clearly trying to have some self-selection go on
I 100% agree with the self selection, I also am not even close to touching the medians there. However I think the huge PS plus the video and especially the very specific criteria for the why Berkeley essay is pretty crazy
I'm curious, how bold can one be in those videos? Is it worth making a satirical Jason Statham-action short if the adcoms have no sense of humor?
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