n. when two or more persons are both responsible for a debt, claim or judgment. It can be important to the person making the claim, as well as to a person who is sued, who can demand that anyone with joint liability for the alleged debt or claim for damages be joined in (brought into) the lawsuit.
Found on
http://dictionary.law.com/Default.xhtml?selected=1047
The responsibility of two or more people to fulfill the terms of a home loan or debt.
Found on
http://www.encyclo.co.uk/local/20452
It is a legal obligation between two or more persons against claims or damages incurred by them jointly for which they are equally and jointly responsible.In such a case no party can be sued individually.
Found on
http://www.encyclo.co.uk/local/21213
Mutual legal responsibility by two or more parties for claims on the assets of a company or individual.
Found on
http://www.encyclo.co.uk/visitor-contributions.php
The legal liability of two or more people for claims against or debts incurred by them jointly. If... <a target=_blank href='http://www.finance-glossary.com/terms/joint-liability.htm?id=805&ginPtrCode=00000&PopupMode=false' title='Read full definition of joint liability'>more</a>
Found on
http://www.finance-glossary.com/pages/home.htm
When two or more persons are both responsible for a debt, claim, or judgment. It can be important to the person making the claim, as well as to a person who is sued, who can demand that anyone with joint liability for the alleged debt or claim for damages be joined in (brought into) the lawsuit with them. Compare: several liability
Found on
http://www.nolo.com/dictionary/joint-liability-term.html
No exact match found.
