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LSDefine

Simple English definitions for legal terms

XW

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A quick definition of XW:

Term: XW

Definition: XW stands for EXWARRANTS, which are a type of financial instrument that gives the holder the right to buy or sell a specific asset at a certain price within a certain time frame. Essentially, it's like a contract that allows someone to make a trade in the future at a predetermined price.

A more thorough explanation:

XW

XW stands for "EXWARRANTS".

EXWARRANTS refers to a type of financial instrument that gives the holder the right to buy or sell a specific asset at a predetermined price and time.

Example 1: John purchased XW from his broker, giving him the right to buy 100 shares of ABC Company at $50 per share within the next six months.

Example 2: Sarah sold XW to her friend, giving her friend the right to sell 50 shares of XYZ Company at $75 per share within the next year.

The examples illustrate how XW, or EXWARRANTS, work. In Example 1, John has the right to buy 100 shares of ABC Company at a set price within a specific time frame. If the price of ABC Company's shares goes up, John can exercise his XW and buy the shares at the lower price, then sell them for a profit. In Example 2, Sarah sold her XW to her friend, giving her friend the right to sell shares of XYZ Company at a set price within a specific time frame. If the price of XYZ Company's shares goes down, Sarah's friend can exercise her XW and sell the shares at the higher price, then buy them back at the lower price, making a profit.

XR | xylon

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Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."
imagine if it was like Berkley applications
1a2b3c4d26z
11:22
Election status: Complete
1a2b3c4d26z
11:22
For months
triplethread
11:23
erection day
soapy
11:23
Shoutout to Robinhood's election bet not resolving until January
triplethread
11:23
is anyone else like certain that trump will win
ambitiouslizard
11:23
he aint winning
triplethread
11:23
i like being a pessimist
ambitiouslizard
11:24
he lost his re-election, why would he win this one?
1a2b3c4d26z
11:25
I have no idea why people have so much beef w berkeley's app
I've been reading a bit about "herding," which is this idea that pollsters are making the race look tied so they look right no matter who wins.
1a2b3c4d26z
11:26
Like... it's a more involved app but you don't have to do it? They're clearly trying to have some self-selection go on
I 100% agree with the self selection, I also am not even close to touching the medians there. However I think the huge PS plus the video and especially the very specific criteria for the why Berkeley essay is pretty crazy
I'm curious, how bold can one be in those videos? Is it worth making a satirical Jason Statham-action short if the adcoms have no sense of humor?
the more risk you take the higher chance of it backfiring
my instinct would be low humor bc if they have such a complex application I would feel hesitant to use a major part of it as a joke. They clearly take their admissions seriously and a joke video might convey the wrong thing at the wrong time. I think that humor is best put into a PS anecdote where it adds some shine to your personality
safe is always better
All good points
triplethread
11:34
@TheAdoptedOne: amazing
I almost did one for Vanderbilt and my idea was to do a documentary-style vid where I and others talked about me like it was an ESPN 30 for 30.
1a2b3c4d26z
11:36
I was risky in maybe one or two of my essays in that some parts read as slightly humorous, but I really tried to suss out the vibe for each school. I feel like Berk and UMich may be more accommodating of a more "out there" approach than other schools I applied to
1a2b3c4d26z
11:37
but that's literally just going off vibes
it looks like Berk vid is in response to a known prompt. My thinking is it may be a counter to AI by getting people to have to respond to what is essentially an essay prompt but on video
"I think really it’s more the USNWR change that emphasizes employment outcomes in school rankings. Schools want to admit people who have the skills to be more likely to land great jobs even more than before, and being a good interviewer is a very important for that. They want to see you have the soft skills." from a reddit comment
1a2b3c4d26z
11:38
One funny thing when talking to lawyers at work is that they will always say how they wish more law schools had interviews to make sure you can like... talk to people and form sentences
getting lunch no one say anything funny or do anything cool for 15 mins
triplethread
11:43
my dick fell off
Trump dropped out of the race
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