We show that pure states of multipartite quantum systems are multiseparable (i.e. give separable density matrices on tracing any party) if and only if they have a generalized Schmidt decomposition. Implications of this result for the quantification of multipartite pure-state entanglement are discussed. Further, as an application of the techniques used here, we show that any purification of a bipartite PPT bound entangled state is tri-inseparable, i.e. has none of its three bipartite partial traces separable.