societas Definition
a partnership or association, especially a commercial one.
Using societas: Examples
Take a moment to familiarize yourself with how "societas" can be used in various situations through the following examples!
Example
The two companies formed a societas to collaborate on the project.
Example
The societas was dissolved after five years of operation.
Example
The legal structure of a societas is different from that of a corporation.
societas Synonyms and Antonyms
Synonyms for societas
Phrases with societas
societas Europaea
a type of public limited company in the European Union that allows for cross-border mergers and acquisitions
Example
The company decided to convert to a societas Europaea to expand its operations across Europe.
Example
The court ruled that the societas delinquere non potest principle applied to the case and the company could not be held responsible for the actions of its employees.
societas leonina
a type of partnership where one partner has all the control and the other partners have no say in the management of the business
Example
The societas leonina was criticized for its lack of transparency and accountability.
Origins of societas
from Latin 'societas', meaning 'partnership'
Summary: societas in Brief
'Societas' [soh-shee-ey-tuhs] refers to a partnership or association, especially a commercial one. It is often used in legal contexts, such as 'societas Europaea,' a type of public limited company in the European Union, or 'societas delinquere non potest,' a legal principle meaning 'a partnership cannot commit a crime.' 'Societas' can also refer to a type of partnership where one partner has all the control, known as 'societas leonina.'
