joint and several liabilities

noun

What does joint and several liabilities mean?

A liability structure where each party is responsible for the entire debt if one party defaults, or individually responsible for their portion of the debt.

Kryssord og Scrabble

I kryssordhjelperen vår kan du finne løsninger for ordet "joint and several liabilities" i kryssord.

About this entry

Language:
English ENG
Part of speech:
noun
Last updated:
Apr 30, 2026

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joint and several liabilities. (2026, 30. Apr). I Synonym.no. https://synonym.no/eng/joint-and-several-liabilities_n1