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LSDefine

Simple English definitions for legal terms

wealth

Read a random definition: PIR

A quick definition of wealth:

WEALTH: Wealth means having a lot of something or having a lot of money. When someone has a lot of money, we say they are wealthy or rich. Wealth maximization is when a change in how resources are used benefits the winner more than it harms the loser. This is called Kaldor-Hicks efficiency or potentially Pareto superior.

A more thorough explanation:

Definition: Wealth refers to a large quantity of something or the state of having abundant financial resources, also known as affluence.

Example: A person who owns multiple properties, expensive cars, and has a lot of money in the bank is considered wealthy.

Explanation: The example illustrates the definition of wealth as having abundant financial resources. The person in the example has a large quantity of assets and money, which makes them wealthy.

Additional Example: A company that has a lot of valuable patents and trademarks is considered wealthy because they have a large quantity of valuable intellectual property.

Explanation: This example illustrates the first definition of wealth as a large quantity of something. In this case, the company has a large quantity of valuable intellectual property, which makes them wealthy.

Related Term: Wealth Maximization refers to a situation where a change in resource allocation benefits the winner more than it harms the loser. This situation is described as Kaldor-Hicks efficient or potentially Pareto superior.

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surely gtown 12 minutes from now
I'm a chromokopia fan, but I don't like Tyler outside of that album
theres the spirit!!
JumpySubsequentDolphin
17:18
@SplitterusClitterus: did you like cmiygl? that’s one of my all time fave albums
Kind of a controversial take. I like experimental albums a lot
babycat
17:19
liking chromakopia and not Tyler's other stuff is crazy to me
JumpySubsequentDolphin
17:19
perhaps im biased bc i saw him live when he performed cmiygl for the first time
i think it is a controverisal take and i usually do too, i also think im giving an opinion too early cuz i habvent finished it at all
yeah seeing him live prob makes it a million times better
Thought I was dead is great raps
2024 such a great year for rap
JumpySubsequentDolphin
17:21
i like noid
even outside the beef. Noid is great too
JumpySubsequentDolphin
17:22
boogies album was the worst ever
JumpySubsequentDolphin
17:22
and i LOVE boogie
JumpySubsequentDolphin
17:23
like i would do anything for one chance w that man but better off alone and me vs myself were both not good
He's never really been my style tbh
shaquilleoatmeal
17:43
went to eat - did anyone guess the bowl lmao
shaquilleoatmeal
17:43
ooo yall were too busy with that kendrick shit
shaquilleoatmeal
17:45
put me on - whats the first song on the album thats heat
babycat
17:45
I don’t know sweetgreen like that because I’m not part of the PMC. your legs looked super tan though
hey now is my favorite
peekaboo, squabble up, tv off and gnx good too. Heart pt 6 and reincarnated for straight lyricism
shaquilleoatmeal
17:49
@babycat: should i bring you to sg next time im in ct?
shaquilleoatmeal
17:49
@ImpartialLion: any obvious diss tracks on there?
Whole thing got clear disses, but wacced out murals has the most obvious call outs
babycat
17:50
i used to work in an office two doors up the street from one and you can really see the glazed sweetgreen stare on the face of all those morgan stanley guys
BulbasaurNoLikeCardio
17:51
I have this professor for a legal analysis and writing for clients class that said you will need a JD and legal experience to get an A. He also grades ridiculously hard but leaves no comments on why you got that grade or what you did wrong. Dude is pissing me off with the whole you are wrong figure it out approach.
babycat
17:51
that’s just not proper teaching what a dickhead
BulbasaurNoLikeCardio
17:53
Going to ruin my 4.0 for a 2SH class.
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