accomandita

limited partnership

noun ahk-koh-MAHN-dee-tah Rare

Origin: From medieval Italian commercial law, related to accomandare (to entrust).

Usage Note

Accomandita appears almost exclusively in the legal business term società in accomandita semplice (SAS) — the Italian equivalent of a limited partnership — and società in accomandita per azioni (SAPA). It is feminine. Outside this fixed legal phrase, the word is rarely encountered.

Examples

"L'azienda è costituita come società in accomandita semplice."

Natural Translation

The company is set up as a limited partnership.

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