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Meaning / Definition of
Joint And Several Obligation
Categories: Finance,
A debt entered into by two or more borrowers, each of whom is liable for repaying the full amount of the debt. Bonds and discount notes sold by the Office of Finance are the joint and several obligations of the 12 federal home loan banks.
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Definition / Meaning of
Employee Retirement Income Security Act Section 404(c)
Categories: Insurance,
removed
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