commandite

noun

com·​man·​dite
¦kämən¦dēt,
kōⁿmäⁿdēt
plural -s
civil law
: a form of partnership in which there are one or more silent partners who contribute funds but were liable originally only for the capital invested and later only according to a registered scheme of liability

Word History

Etymology

French, from Italian accomandita, from feminine of accomandito, past participle of accomandare to deposit in safe custody, from ad- + (assumed) Vulgar Latin commandare to commend, command

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Dictionary Entries Near commandite

Cite this Entry

“Commandite.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/commandite. Accessed 27 Feb. 2024.

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