subpartnership

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noun

An arrangement whereby a partner of a partnership agrees to share profits and losses with a nonpartner without thereby forming a partnership.

Scrabble 23

Meanings

nounsubpartnership (countable and uncountable, plural subpartnerships)

plural subpartnerships

  1. countableuncountablelawAn arrangement whereby a partner of a partnership agrees to share profits and losses with a nonpartner without thereby forming a partnership.

    As shown elsewhere herein, the subpartnership is no part of, and is not included within, the primary partnership.

    1930, Scott Rowley, “Risk Evasion Through Subpartnership”, in Columbia Law Review, volume 30, number 5, Columbia Law Review Association, Inc., page 674

Origin

Cite this entry
APA

subpartnership. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/subpartnership

MLA

“subpartnership.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/subpartnership. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “subpartnership,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/subpartnership.

Source: subpartnership on Wiktionary, CC BY-SA 4.0.