Joint(redirected from peg-and-socket joint)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.
Describing anything in which two or more persons hold equal rights and responsibilities. For example, every account holder may use the funds in a joint account (though not always independently from the other holders), and each owner is equally liable for a jointly-held property.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved