joint control

Definition

Control of the items that make up an estate by a bonding company, also known as a surety, and an administrative party, such as an executor, known as the fiduciary. Any funds are put in joint accounts and dispensed only with the consent of both the surety and the fiduciary.

Related Videos




http://www.businessdictionary.com/definition/joint-control.html

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(103 Votes)
69% Bullish
(26 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z