Business terms and jargon explained. Your business dictionary

What is In solidum

Legalese Explained: A legal Latin term used in the UK legal system to mean "for the whole".
For example
In the case of a company, if one of the directors breaks an agreement or the law all the directors are liable for the actions of the one as they are in solidum. Any one of the directors can be picked and sued for the full amount.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

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


Search Term   

Fixed Assets fringe benefits Private Motor Vehicle N316 Civil Court form
Metical Corner a market IOU Historical Cost
Bullet Loan Offer NGO Payer
N161 Civil Court form Tort Quant Post Sales Growth
LINK Allowable expenses Ex-Works N9C Civil Court form
Gross Estate Usufruct Wholesaler Insolvency
Testacy learning curve Advanced fee fraud Lamfalussy
Certified Documents Repurpose Pension Contributions DNS
Void Accumulation AFAIK Factum
Appellant House agency Goods Sol

Term created / updated 2013-07-02 09:38:22

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.