joint note
joint note 共同责任本票 指由两个以上出票人签发的,各出票人对票据支付承担共同责任〔joint liability〕的本票。如果该票据被拒付,受款人应对全体出票人提起诉讼,请求偿付债务。 (→joint liability)
joint note 共同责任本票 指由两个以上出票人签发的,各出票人对票据支付承担共同责任〔joint liability〕的本票。如果该票据被拒付,受款人应对全体出票人提起诉讼,请求偿付债务。 (→joint liability)
A note for which multiple makers are jointly, but not severally, liable for repayment, meaning that the payee must legally look to all the makers together for payment of the debt. See joint liability under LIABILITY. [Cases: Bills and Notes 120. C.J.S. Bills and Notes; Letters of Credit§§ 81, 83, 249.]