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English definition of “commandité”

commandité

noun [C]
 
 
/kəˌmɒndɪˈte/ LAW
in France, Canada, and some other countries, a company in which one or more partners are responsible for only the amount of money they have invested in the company if it is unable to pay its debts
(Definition of commandité from the Cambridge Business English Dictionary © Cambridge University Press)
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