Business Terms and Jargon Explained

What is Joint liability

This is where there is more than one person who has legal liability. They can all be sued not as individuals but jointly as a group. Under certain conditions one entity can be sued.

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Arrangement Fee Functional Fexibility Redundancy
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IOU Subscribers Big Four
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AKA Earning asset Crypto-jacking
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Sale and Leaseback Co-operative Summary Judgment
Job-ready Quorum Banking book

Term created / updated 2005-07-16 23:12:15

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