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Lynn，知名国际商学院金融专业，专注翻译各种与贷款人责任及其他银行业与金融机构诉讼有关的法律文件。