Legal Definitions - in solido

Definition: In solido (in sol-uh-doh) is a Latin term that means "as a whole." It refers to an obligation that creates joint and several liability. This means that each party involved in the obligation is responsible for the entire debt, not just a portion of it.

For example, if two people take out a loan together and the loan is in solido, each person is responsible for paying back the entire loan amount, not just half of it. If one person defaults on the loan, the other person is still responsible for paying back the entire amount.

The term is commonly used in civil-law jurisdictions, but is no longer used in Louisiana.

Related term: Solidary

Example: Two friends take out a loan together for $10,000. The loan is in solido, which means that each friend is responsible for paying back the entire $10,000. If one friend is unable to make payments, the other friend is still responsible for paying back the full amount.

This example illustrates how an obligation in solido creates joint and several liability, where each party is responsible for the entire debt.