Meaning

BIN in selling means “Buy It Now.” It is a fixed price option that allows a buyer to purchase an item immediately at a set price without participating in an…

A vested balance in a 401k is the portion of your retirement account that you fully own and have the legal right to keep, even if you leave your employer.…

OTE stands for On-Target Earnings. In salary terms, OTE refers to the total amount of money an employee can earn if they meet 100 percent of their performance targets. It…

Volatility in stocks refers to the degree of price fluctuation of a stock or the overall market over a specific period of time. Higher volatility means prices move up and…

“Poss CS PG 1/1-B 1G” in Texas means “Possession of a Controlled Substance, Penalty Group 1 or 1-B, less than 1 gram.” It refers to a criminal charge under the…

OR in jail stands for “Own Recognizance.” It means a person is released from custody without paying bail, based on their promise to return to court for future hearings.In other…

A writ in jail refers to a formal written court order that directs jail or prison officials to take a specific action regarding an inmate, such as transferring them to…

Remanded in court means that a judge sends a defendant back into custody or returns a case to a lower court for further action. If you’ve ever read a court…

Rescind in law means to officially cancel or void a contract, agreement, or legal decision, treating it as though it never existed. When something is rescinded, the parties are generally…

Amended in court means that a legal document, charge, complaint, motion, or judgment has been officially changed, corrected, or updated after it was originally filed. If you’ve ever read a…