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Term of the Day
jointly
part-owner
Options Clearing Corporation
Definition
adverb
together with one or more other
people
Examples
to
own
a
property
jointly • to manage a
company
jointly • They are jointly
liable
for
damages
.
Usage
jointly and severally
liable
liable both as a group and as individuals
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Mentioned in these terms
severally but not jointly
jointly and severally
married filing jointly
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