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Contradance

A dance in which the partners are arranged face to face or in opposite lines

partnership agreement

partnership agreement A contract that partners enter into that sets up the terms of their partnership

tenancy

each other's interest (as upon the death of another tenant) compare joint tenancy in this entry tenancy in partnership : a tenancy that binds partners to the use of partnership property only for partnership purposes and that

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wind up

to wind up his practice] ;specif : to conclude by removing liabilities and distributing any remaining assets to partners or shareholders [wind up the business and affairs of a corporation in dissolution] [wind up a receivership]

Universal partnership

Universal partnership, a species of partnership by which all the partners agree to put in common all their property, universorum

Transactions

of the new firm and the division of the gold sovereign assets of the sarrafa shops among the partners were held to be transactions, Kunji Lal Nawal v. C.I.T., AIR 1955 All 333: 1955 All WR (HC)

Trade Union

federation of two or more Trade Unions: Provided that this Act shall not affect- (i) any agreement between partners as to their own business; (ii) any agreement between an employer and those employed by him as to

Tenancy in Common

the transaction is such as to preclude the intention of survivorship such as an acquisition of land by partners for the purposes of their business. A tenancy-in-common differs from a joint-tenancy in this respect: joint-tenants have one

Societe anonyme

Societe anonyme, analogous to a limited company (Foreign Jurisprudence), an association where the liability of all the partners is limited. See LIMITED LIABILITY.

Societas leonina

Societas leonina, that kind of society or partnership by which the entire profits belong to some of the partners in exclusion of the rest. So called

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