in(redirected from ins and outs)
Also found in: Dictionary, Thesaurus, Medical, Financial, Idioms, Encyclopedia.
Related to ins and outs: insightful, shrewd
SOLIDO, IN, civil law. In solido, is a term used to designate those
contracts in which the obligors are bound, jointly and severally, or in
which several obligees are each entitled to demand the whole of what is due.
2.-1. There is an obligation in solido on the part of debtors, when they are all obliged to the same thing, so that each may be compelled to pay the whole, and when the payment which is made by one of them, exonerates the others towards the creditor.
3.-2. The obligation is in solido, or joint and several between several creditors, when the title expressly gives to each of them the right of demanding payment of the total of what is due, and when the payment to any one of them discharges the debtor. Civ. Code of La. 2083,2086; Merl. Repert. h.t.; Domat, Index, h.t. See In solido.