A legal term describing a transaction or agreement where two or more parties act in unison.

Joint can refer to a variety of situations, including:
- joint accounts, where two or more parties share a single account, such as a bank or brokerage account
- joint tenancies, where two or more parties share ownership in real property, such as joint tenants in common or tenancy by the entirety (a type of joint tenancy that exists only between a husband and wife)
- annuities, such as joint and survivor annuities, insurance products that continue regular payments as long as one of the annuitants is alive, and
- joint ventures, where two unaffiliated companies contribute financial and/or physical assets, as well as personnel, to a new company.


In addition to pertaining to accounts or ownership in real property, joint can also refer to liability. Joint liability exists in situations where two or more people share the burden of a debt. For example, if a husband and wife have joint liability for a debt, each is responsible for the entire amount of the debt. Several liability, on the other hand, would limit liability to each person's respective obligations.

  1. Joint Owned Property

    Any property held in the name of two or more parties. The two ...
  2. Joint Tenancy

    A type of property right where two or more people own or rent ...
  3. Month-To-Month Tenancy

    Month-to month tenancy is categorized as a periodic tenancy in ...
  4. Joint Liability

    An obligation, including an obligation to repay a debt between ...
  5. Joint Endorsement

    The type of endorsement that is required on any type of joint ...
  6. Tenancy By The Entirety

    A type of concurrent estate in real property that is unique in ...
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  1. What are the primary advantages of forming a joint venture?

    Learn how the advantages of a joint venture make this business strategy a good alternative to mergers and acquisitions for ... Read Answer >>
  2. Do joint ventures need an exit strategy?

    Understand why an exit strategy is important for a business partnership such as a joint venture, and learn the options partners ... Read Answer >>
  3. Will jointly filing taxes have the effect of joining a couple's credit?

    The only thing that "joins" the credit of a married couple is the ownership of joint accounts. In other words, if there is ... Read Answer >>
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