commandite definition

  • noun:
    • A partnership which one may advance money without taking an active part when you look at the management of the company, and get exempt from responsibility for longer than a specific amount; limited-liability; an unique partnership.
    • A partnership for which you can advance money without taking an active component in the management of business, and stay exempt from duty for more than a specific amount; limited liability; a unique relationship.

Related Sources

  • Sentence for "commandite"
    • It is registered as a "société…
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