词汇 | joint-liability |
释义 | joint liability noun[ U ] ukus LAW a situation where more than one person or organization share responsibility for paying a debt or for paying for damage that has been caused, etc.: As the partners have agreed to joint liability, if the partnership becomes insolvent the bank can pursue both partners for the money. Compare joint and several liability Examples of joint liabilityjoint liability No formal jointliability exists, i.e. group members are not obliged to pay on behalf of a defaulting member. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Many microcredit institutions use solidarity groups essentially as a form of jointliability. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Jointliability solves the information and enforcement problems associated with credit markets by encourage screening, monitoring, costly state verification and contract enforcement. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Simple jointliability or entitlement confers on each a "pro rata" share: either in equal or, by agreement, in specific shares. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Where performance is indivisible, be it by nature or by the intentions of the parties, a plurality of parties leads to a collective jointliability or entitlement. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Arguing that most farmers had too little cash to afford share capital, he maintained that the principle of unlimited jointliability was indispensable in small districts. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. A call has now been made for jointliability. From Europarl Parallel Corpus - English We need to recognise that water is a jointliability. From Europarl Parallel Corpus - English It also breaches the principle by imposing jointliability where one spouse or partner fails to pay. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 There will be jointliability between the owner, hirer and driver of a vehicle, but only one penalty—probably of £2,000—will he charged for each entrant. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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