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A term of civil law origin, signifying that the right or interest spoken of is Joint or common. A "solidary obligation" corresponds to a "Joint and several" obligation in the common law; that is, one fpr which several debtors are bound in such wise that each is liable for the entire amount, and not merely for his proportionate share. But in the civil law the term also Includes … [Read more...] about SOLIDARY

A term relating to a civil law legal relationship where several debtors are joint and severally liable to pay an entire amount or, in the alternative, a debt is due to a collective of creditors with each creditor being able to collect the entire debt. … [Read more...] about SOLIDARY OBLIGATION

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 … [Read more...] about SOLIDO

Lat. In the civil law. A whole; an entire or undivided thing. … [Read more...] about SOLIDUM

A coin equal to 13s. 4d. of the present standard. 4 Steph. Comm. 119rt. Originally the "solidus" was a gold coin of the Byzantine Empire, but in medieval times the term was applied to several varieties of coins, or as descriptive of a money of account apd is supposed to be the root from which "shilling" is derived. … [Read more...] about SOLIDUS LEGALIS