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LSDefine

Simple English definitions for legal terms

wager

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A quick definition of wager:

Wager: A wager is when someone puts money or something else valuable at risk by betting on an uncertain event. It can also mean making a promise to pay money if something uncertain happens. It is sometimes called gambling.

A more thorough explanation:

Definition: Wager refers to the money or other consideration that is risked on an uncertain event, such as a bet or gamble. It can also refer to a promise to pay money or other consideration on the occurrence of an uncertain event.

Examples:

  • John placed a wager of $50 on his favorite football team to win the game.
  • Samantha made a wager with her friend that she could finish reading a book in one day.
  • A company made a wager with its employees that if they met their sales target, they would receive a bonus.

The examples illustrate how wager refers to the money or other consideration that is risked on an uncertain event. In the first example, John is risking $50 on the uncertain outcome of the football game. In the second example, Samantha is making a bet with her friend that she can finish reading a book in one day. In the third example, the company is promising to pay a bonus to its employees if they meet their sales target, which is an uncertain event.

wage-earner's plan | wagering contract

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Dkk
13:29
I'm at your mommas house rn: https://x.com/Mansavelli_/status/1648073454665572352
triplethread
13:29
im addicted to reacting to all of the decisions
triplethread
13:29
with the emojis
HopefullyInLawSchool
13:29
I shop at Joe
HopefullyInLawSchool
13:29
Joe's
glovediedthisishismom
13:30
i shop at tawget
glovediedthisishismom
13:30
im dawk gawthic maga
triplethread
13:30
i shop at giant eagle
ForDizzyDJoy
13:31
How did i miss Fordham and American’s wave and I applied in september 🙃
13:33
Lol UC Davis took me of ED and put me in RD
13:34
surprised I didnt get straight denied
HopefullyInLawSchool
13:34
they emailed you/
HopefullyInLawSchool
13:34
?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
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