Meaning Of The Word Joint and several guarantee

Real Dictionary

What's the definition of Joint and several guarantee? Find Joint and several guarantee meanings, definitions and more at the Real Dictionary online.

Joint and several guarantee Meaning

Joint and several guarantee Definition
Joint and several guarantee Definition

What's The Definition Of Joint and several guarantee?

joint and several guarantee in British English
noun: a legal guarantee undertaken by multiple people in which any one guarantor can be held fully responsible for repaying the whole of the debt despite each guarantor only being partially responsible for that debt

More Definitions

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Definitions Of The Day

  • Declaim ‐ to recite (a poem, speech, etc.); to recite a…
  • Enantiomorphy ‐ noun: the state of being…
  • Dolerite ‐ diabase (sense 2); noun: a coarse-grained variety…
  • Coking ‐ noun: Coking is the process of changing residual…
  • File cabinet ‐ countable noun: A file cabinet is a piece of office…
  • Outwear ‐ to wear out; use up; transitive verb: to wear…
  • Helmont ‐ noun: Jan Baptista van (jɑːn bɑːpˈtɪstɑː…
  • Hispaniola ‐ island in the West Indies, between Cuba & Puerto…
  • Register ‐ a record or list of names, events, items, etc…
  • Road metal ‐ broken stones, cinders, etc. used in making roads…