universal partnership
noun
: a partnership that includes all the present and future property of the partners and all burdens or losses which without fraud are incurred by either partner and that is exemplified by the community of property between husband and wife under Roman Dutch law or the civil law
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“Universal partnership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/universal%20partnership. Accessed 28 Nov. 2024.
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