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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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19:11
Nah, the fucked up thing about therapists is they try and make you think your parents are your enemy 99% of the time and really they should be telling you that your parents have almost no effect on the rest of your life. If they can get you to keep focusing on your parents they can keep making money.
19:12
Yeah, my life really does flow in about 5 years periods.
19:12
My crypto also flows in 5 day epochs too.
19:16
what do you do with your days as an unemployed crypto guy? do you play an instrument or something
19:47
please lawd
19:47
forgive me
19:47
its time to go back to tha old me
19:50
this is what i feel like when i get one single drill question right
19:50
when u get one wrong ;(
therapist slander detected
1a2b3c4d26z
20:37
Anyone got any polymarket locks
1a2b3c4d26z
20:37
Is anyone in here cool like fr cool
1a2b3c4d26z
20:37
Like watch college football cool
1a2b3c4d26z
20:37
Or like
1a2b3c4d26z
20:38
Frat
1a2b3c4d26z
20:39
Sorry guys I'm bored trying to get my Berkeley essay to 4 pages
20:40
no way they want four pages that’s crazy
20:41
bitches wanna be different sooo bad 😴
1a2b3c4d26z
20:42
Technically they want 3 to be completely fair to the powers that be, so I'm really trying to push out to 3
1a2b3c4d26z
20:42
But it's 1/2 inch margins
20:44
assuming it was 2 already, you’ve totally got 3 double spaced pages in you
20:45
should I watch the quirky umich dean videos? i feel like all of you have seen them except me but I can’t work up any enthusiasm for the idea
1a2b3c4d26z
20:54
I like Dean Z not sure why she gets slandered sometimes
1a2b3c4d26z
20:54
I would say yeah, they're helpful. But they can verge on unproductive and stress-inducing if you watch enough of them (especially the application read-through ones)
21:07
okay I’ll check them out
21:40
hey so where do i see my LSAC GPA bc i know they calculate it differently
21:40
sorry new to dis
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