Business Terms and Jargon Explained

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

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   

Health insurance Input Tax To adduce
Bandwidth Golden Handcuffs Mitigation
Divisional Court Backup Flash
Bailment Corporate Strategy Contribution
Optimist KBPS Trade Debtors
Accepting house Core Competences EORI
Deed of assignment Guarani Custody time limit
Free on board Non-deductible VAT REDS
Overgeared Zillionaire Tontine
Best practice Supply Chain Tangible Assets
Pessimist Mens rea Voir Dire
Payer County Court Flowchart
N92 Civil Court form Ex-Works KITING

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 jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2020 Scopulus Limited. All rights reserved.