subpartner
nounEtymology From sub- + partner.
1
Law A party to a subpartnership.
- 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.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:
- Related terms
- subpartnership