Business, Legal & Accounting Glossary
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.
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This glossary post was last updated: 28th April, 2020 | 0 Views.