Home > Terms > English, UK (UE) > Several liability

Several liability

Responsibility of one party for the entire debt (as in "joint and several") or judgement when those who jointly agreed to pay the debt or are jointly ordered to pay a judgement do not do so.

This is auto-generated content. You can help to improve it.
0
  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Law
  • Category: Legal
  • Company:
  • Product:
  • Acronym-Abbreviation:
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: People Category: Authors

Gustavo Adolfo Bécquer

(1836-1870) Gustavo Adolfo Domínguez Bastida, better known as Gustavo Adolfo Bécquer, was a Spanish post-romanticist writer of poetry and short ...

Contributor

Featured blossaries

Municipal Bonds

Category: Education   1 8 Terms

Greatest amusement parks

Category: Entertainment   1 1 Terms