Legal Definitions - virile share

Definition: Virile share is a legal term used in civil law to refer to an amount that an obligor owes jointly and severally with another person. This means that both parties are responsible for paying the debt or obligation in full.

For example, if two people take out a loan together, they both have a virile share of the debt. If one person is unable to pay their portion, the other person is responsible for paying the full amount.

Another example could be in a business partnership where both partners have a virile share of the profits and losses. If one partner incurs a debt on behalf of the business, both partners are responsible for paying it back.

Overall, virile share ensures that both parties are equally responsible for fulfilling their obligations and debts, and cannot simply rely on the other person to pay their share.