joint liability
noun[U]
ukusLAW
asituationwhere more than onepersonororganizationshareresponsibilityforpayingadebtor forpayingfordamagethat has beencaused, etc.:
As thepartnershaveagreedtojointliability, if thepartnershipbecomesinsolventthebankcanpursuebothpartnersfor themoney.
Compare
joint and several liability