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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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medicine is a scam
join the ethically ambiguous legal field instead
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i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
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Exactly. My version of that awful poem.
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I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
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president who respects sex is crazy
windyMagician
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Dkk
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Bill Clinton, first and last black president
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I'm sober lol
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Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
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what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
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nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
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texaslawhopefully
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In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
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Indeed, indeed.
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