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   

Business Week Registered Design Sui generis Witness
Without Prejudice Snail mail Vendor Euromarkets
Grant caeterorum Write-off Yard Instalment
Tynwald Bullionism Stamp duty Take Out
Pro Rata Annuity Chargeable Value Late Registration Penalty
CMO Crown Court Cultivated assets Narrowband
Public Domain Excise Duties Deliverable Injunction
Capital intensity Human capital Non sequitur Pupillage
General Partnership Patentability Id est (i.e.) Spam
BOGOFF Intermediate goods Exempt Persons Warehoused Goods

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.