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LSDefine

Simple English definitions for legal terms

wash

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A quick definition of wash:

Term: WASH

Definition: WASH has two meanings. The first meaning is when two things happen that cancel each other out. For example, if you make some money but then have to spend the same amount, it's a wash because you end up with the same amount of money as before. The second meaning is the part of a river or sea where the water is shallow and there are rocks and sand. This happens when the water washes down rocks and sand from a mountain and deposits them on flat land near the river or sea.

A more thorough explanation:

Wash can have two different meanings:

  1. A situation in which two effects offset each other. For example, if an event produces gross income and also a deduction in the same amount so that taxable income is unchanged, the event creates a wash.
  2. The shallow part of a river or the arm of a sea; the sand, rocks, and gravel washed down by a mountain stream and deposited on level land near the mouth of a canyon.
  1. If you make $100 in income but also have a $100 deduction, your taxable income will be unchanged. This is an example of a wash.
  2. After heavy rain, the river overflowed and deposited sand and rocks on the nearby land. This created a wash.

The first example illustrates the first definition of wash, where two effects cancel each other out. In this case, the gross income and deduction offset each other, resulting in no change in taxable income. The second example illustrates the second definition of wash, where the river deposits sand and rocks on the nearby land, creating a shallow area or arm of the sea.

war zone | wash transaction

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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
Dkk
19:43
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.
[] 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.
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