several liability


Also found in: Medical, Financial.

several liability

n. referring to responsibility of one party for the entire debt (as in "joint and several") or judgment when those who jointly agreed to pay the debt or are jointly ordered to pay a judgment do not do so. A person who is stuck with "several liability" because the others do not pay their part may sue the other joint debtors for contribution toward the payment he/she has made. (See: contribution, joint and several, promissory note)

References in periodicals archive ?
Work Community: declaration of joint and several liability
The action follows Moody's assessment that the existing support agreement for Pfandbriefbank has turned out to be less reliable than the rating agency had anticipated, demonstrated by the lack of commitment by several federal states to honour their obligations under the existing joint and several liability framework.
Limited joint and several liability so that defendants bearing less than 25% of the negligence attributable to all defendants were severally but not jointly liable; and
The next three-way talks, scheduled for 11 February, are expected to focus on these two issues, as well as joint and several liability.
Joint and several liability essentially means that the landlord can collect the debt from all of the tenants (joint), or from one tenant alone (several).
If not, you can either make a chargeback claim if you used a debit card, or a Section 75 claim, which places joint and several liability on the bank for credit card payments of PS100 or more.
8) Consistent with joint and several liability, orphan
In An Empirical Analysis of Cost Recovery in Superfund Cases: Implications for Brownfields and Joint and Several Liability (NBER Working Paper No.
Reforms to the Joint and Several Liability rule (JSL) are one of the most common tort reforms and have been implemented by most US states.
The Court ruled that when the apportionment performed by the lower court is reasonable, joint and several liability should not be imposed on a PRP.
Courts have interpreted [section] 107(a) to provide for strict joint and several liability.