commendam Definition
a form of investment in which an individual shares in the profits and losses of a business venture with a partner or partners, but does not participate in its management.
Using commendam: Examples
Take a moment to familiarize yourself with how "commendam" can be used in various situations through the following examples!
Example
He invested in the company through a commendam agreement.
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Summary: commendam in Brief
'Commendam' [kuh-men-duh m] is a type of investment where an individual shares in the profits and losses of a business venture with a partner or partners, but does not participate in its management. An example of its usage is 'He invested in the company through a commendam agreement.'
