leonine partnership

noun

Definition of leonine partnership

: a partnership in which one partner is made liable for the losses but is not entitled to share in the profits and which is usually regarded as not legally permissible

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History and Etymology for leonine partnership

translation of Latin leonina societas

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Dictionary Entries Near leonine partnership

leonine

leonine partnership

leonine rhyme

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Cite this Entry

“Leonine partnership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/leonine%20partnership. Accessed 23 Jan. 2022.

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