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subpartner
From Wiktionary, the free dictionary
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English
Etymology
Pronunciation
Noun
subpartner (plural subpartners)
- (law) A party to a subpartnership.
- 1947, Charles E. Works, “Taxation of Family Partnerships and Family Corporations”, in The Rocky Mountain Law Review, volume 19, number 3, University of Colorado, page 209:
- The court taxed the husband on all the income, as the wife was merely a "subpartner" receiving part of the partnership income derivatively from her husband.
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