partnership distribution

A partnership’s payment of cash or property to a partner out of earnings or as an advance against future earnings, or a payment of the partners’ capital in partial or complete liquidation of the partner’s interest. [Cases: Partnership 232. C.J.S. Partnership § 230.]

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词条贡献者

资深译员Lisa，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与私募股权与投资基金有关的法律文件。