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J

JOINT

by Law Professor

United; combined; undivided; done by or against two or more unitedly; shared by or between two or more. A "joint" bond, note, or other obligation is one in which the obligors or makers (being two or more in number) bind themselves jointly but not severally, and which must therefore be prosecuted in a joint action against them all. A "joint and several" bond or note is one in … [Read more...] about JOINT

JOINT STOCK BANKS

by Law Professor

In England they are a species of quasi corporations, or companies regulated by deeds of settlement; and, in this respect, the stand in the same situation as other unincorporated bodies. But they differ from the latter in this, that they are invested by certain statutes with powers and privileges usually incident to corporations. These enactments provide for the continuance of … [Read more...] about JOINT STOCK BANKS

JOINT ACCOUNT

by Law Professor

An account, such as a bank account, which is shared equally by two or more persons and who have equal access to the whole. … [Read more...] about JOINT ACCOUNT

JOINT TAX RETURN

by Law Professor

A single tax return that reflects the income and tax liability of a married couple. … [Read more...] about JOINT TAX RETURN

JOINT ACTION

by Law Professor

An action that includes more than two parties, one which is joint between several parties. … [Read more...] about JOINT ACTION

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