Related Words

Joint: Pertaining to multiple parties on the same side of an agreement or transaction.

Joint Venture: A type of partial structural integration in which one or more separate organizations combine resources to achieve a stated objective. The participating companies share ownership of the ventu . . . View Full Definition

Joint Cement: Cement used for drywall construction; also used as a bedding compound for joint tape and as a filler for nail holes.

Severally But Not Jointly: An agreement between members of an underwriting group buy a new issue (severally), but not to assume joint liability for shares left unsold by other members.

Joint Tape: Special paper or paper-faced cotton tape used over joints between wallboard to conceal the joint and provide a smooth surface for painting.

Jointly And Severally: 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 m . . . View Full Definition

Synovial Joint: The most movable type of joint. The bones are covered by connective tissue, the interior of which is filled with synovial fiuid, and the ends of the bones are covered with cartilage.

Joint Tenants With Right Of Survivorship: In the case of a joint account, on the death of one account holder, ownership of the account assets is transferred to the remaining account holder or holders.

Miter Joint: The joint of two pieces at an angle that bisects the joining angle. For example, the miter joint at the side and head casing at a door opening is made at a 45° angle.

Joint Tenancy: An estate or unit of interest in real estate that is owned by two or more natural persons with rights of survivorship. The basic idea of a joint tenancy is unity of ownership, title is held . . . View Full Definition