Meaning of “commandité” in the English Dictionary


"commandité" in Business English

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commanditénoun [ C ]

uk /kəˌmɒndɪˈte/ us 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)