The ownership of property by two or more persons or parties. Typically includes right of survivorship. … [Read more...]
JOINT
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...]
JOINT STOCK BANKS
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...]
JOINT ACCOUNT
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...]
JOINT TAX RETURN
A single tax return that reflects the income and tax liability of a married couple. … [Read more...]