leonine partnership

noun

: 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

Word History

Etymology

translation of Latin leonina societas

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Dictionary Entries Near leonine partnership

Cite this Entry

“Leonine partnership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/leonine%20partnership. Accessed 19 Jul. 2024.

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