jointly and severally

کلمات مرتبط(jointly and severally):بازگشت به واژه jointly and severallyand
jointly
severally

تضامنا"
قانون ـ فقه : متضامنا"کلمات مرتبط(3)

jointly and severally متضامنأ، مشترکأ و منفردأ

jointly and severally

Bloomberg Financial Glossary

连带、共同连带、共同
Municipal bond underwriting in which the account is undivided and syndicate members are responsible for unsold bonds in proportion to their participation, regardless of how many bonds they may have already sold. A firm with 20% of the account is responsible for selling 20% of the unsold bonds even if has already sold 25% of the total debt issue, for example. See: Severally but not jointly.

Investopedia Financial Terms

Jointly and Severally
1. A legal term describing a partnership in which individual decisions are bound to all parties involved and thus undivided.

2. A term used in underwriting syndicates to refer to the distinct responsibility of individual companies to sell a certain portion of unsold new issue.
Investopedia Says:
1. When an investor authorizes power of attorney to two separate lawyers jointly and severally, both lawyers can make binding decisions without the approval of the other lawyer.

2. For example, an underwriter who has jointly and severally agreed to a 30% stake in the sale of a new issue must sell 30% of any remaining unsold portion, even if that underwriter has already sold more than this amount in the initial sale. All members of the syndicate are responsible for any leftover shares.