Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “jointly and severally”

jointly and severally

adverb
 
 
LAW
if partners make an agreement jointly and severally, they share all rights and responsibilities equally, and if any partner is unable to share in a responsibility, the others become responsible for that partner's share: All members of the partnership are jointly and severally liable for the debt. The participating companies were fined $50 thousand jointly and severally. → Compare severally
(Definition of jointly and severally from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of jointly and severally?
Add Cambridge dictionaries to your browser to your website

Word of the Day

pint

a measure for liquid equal to about half a litre

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More