FT MarketWatch

Joint and several liability

An Obligation for which Multiple individuals are Liable for payment.

Related Terms: 4 Liable, Multiple, Obligation, Tip
Other Related Pages: Category: Lending_and_Credit Starting With: J
Additional Related Terms: Allowance for depreciation, At par, All or any part, At best, At call, At risk, Add-on service, Attorney in fact, A shares, At the money