Legal Definition and Related Resources of Contributory

As a noun relates to the winding up of companies. A person liable to contribute to the assets of a company upon it being wound up. Generally, a shareholder who has not paid up his stock in full.

adjective

• accessory
• additional
• aiding
• assisting
• auxiliary
• beneficial
• conducive
• contributing
• determining
• helpful
• helping
• influential
• instrumental
• lending assistance
• salutary
• secondary
• tributary
• useful Associated Concepts: contributory cause
• contributory negligence

Browse or run a search for Contributory in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Contributory in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Contributory in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Contributory in the Legal Abbreviations and Acronyms Dictionary.

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Mentioned in these terms

Affirmative Defense, Contributory Infringement, Contributory Negligence.

English Legal System: Contributory

In the context of the English law, A Dictionary of Law provides the following legal concept of Contributory :

Any of the past or present members of a company, who are potentially liable to contribute to the company’s assets in the event of a *winding-up. The maximum liability is limited, in a company limited by shares (See limited company), to the amount unpaid on shares (See call). A past member remains liable for this amount if *winding-up follows within one year.