One could thus talk of joint liability.

Joint and several liability.

Joint and several liability

Traditional networks and peer reviews ensure creditworthiness, and loans are secured through joint liability.

However, he did not think that any joint liability was implied.

Economically, they must choose either joint liability and atransfer union or monetary re-nationalization.

A European banking union with joint liability cannot be putoff much longer.

There may be another major form of joint criminal liability.

The joint liability derives from the existence of a shared, common interest, particularly as joint and several liability is assumed in commercial matters.

Joint and several liability has several disadvantages.