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LSDefine

Simple English definitions for legal terms

windfall

Read a random definition: Powell doctrine

A quick definition of windfall:

Windfall: A surprise benefit or profit that someone receives without causing it themselves.

A more thorough explanation:

A windfall is an unexpected benefit, usually in the form of a profit, that is not caused by the recipient. For example, if someone wins the lottery, they receive a windfall of money.

A windfall-profits tax is a tax imposed on companies that receive a sudden and large increase in profits due to unforeseen circumstances, such as a natural disaster or war.

Winding up is the process of settling accounts and liquidating assets in anticipation of a partnership's or a corporation's dissolution. This is done to ensure that all debts are paid and assets are distributed fairly among the partners or shareholders.

Window-dressing is the deceptive arrangement of something, usually facts or appearances, to make it appear more attractive or favorable. For example, some financial managers may engage in window-dressing by selling certain positions at the end of a quarter to make an investment's quarterly performance appear better than it actually was.

These examples illustrate how windfall, windfall-profits tax, winding up, and window-dressing are used in different contexts. Understanding these terms is important for anyone interested in finance and business.

Winchester measure | window tax

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i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
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