Glossary entry (derived from question below)
English term or phrase:
joint and several liability
Indonesian translation:
tanggung renteng
May 21, 2009 13:13
15 yrs ago
25 viewers *
English term
joint and several liability
GBK
English to Indonesian
Law/Patents
Law (general)
Definition from
www.businessballs.com:
Where parties act together in a contract as partners they have joint and several liability. In addition to all the partners being responsible together, each partner is also liable individually for the entire contract - so a creditor could recover a whole debt from any one of them individually, leaving that person to recover their shares from the rest of the partners.
Example sentences:
It has become apparent in our industrialized society that this doctrine [the common law doctrine of joint and several liability] has produced inequitable and unfair results that have had a detrimental impact on businesses. (www.pointoflaw.com)
Judgment against a teaching hospital in a medical malpractice suit shall be based on the percentage of fault and not Joint and Several Liability. (www.subrogation.net)
Joint and several liability can also apply to rent arrears on joint tenancies, arrears on joint mortgages, Council Tax payments and water charges on properties that have been jointly occupied. (Payplan Ltd. )
Proposed translations
(Indonesian)
| 5 +2 | tanggung renteng |
Imam Mustaqim
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May 21, 2009 13:03: changed "Kudoz queue" from "In queue" to "Public"
May 21, 2009 13:13: Enrique Cavalitto changed "Stage" from "Preparation" to "Submission"
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Jun 4, 2009 15:54: changed "Stage" from "Selection" to "Completion"
Proposed translations
+2
6 mins
Selected
tanggung renteng
Definition from
Bank Indonesia:
tanggung jawab para debitur baik bersama-sama, perseorangan, maupun khusus salah seorang di antara mereka untuk menanggung pembayaran seluruh utang; pembayaran salah seorang debitur mengakibatkan debitur yang lain terbebas dari kewajiban membayar utang (joint and several liability)
Example sentences:
Pola tanggung renteng yang diterapkan dalam mekanisme kerja koperasi simpan pinjam terbukti mampu mengurangi risiko kredit macet dan gagal bayar (NPL/Non Performing Loan) para anggota koperasi hingga 0%. (Kapanlagi.com)
Sebanyak 25 orang gerakan koperasi dari 15 kabupaten/kota asal Sumatera Selatan (Sumsel) mengikuti magang tentang sistem tanggung renteng yang difasilitasi Dinas Koperasi dan Pengusaha Kecil Menengah Propinsi Jatim, bertempat di Surabaya, belum lama ini. (Diskopjatim)
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