SOCIETAS LEONINA
SOCIETAS LEONINA societas leonina (s[schwa]-sI-[schwa]-tas lee-[schwa]-nI-n[schwa]). [Latin ¡°partnership with a lion¡±] Roman law. An illegal partnership in which a partner shares in only the losses, not the profits; a partnership in which one person takes the lion’s share. ¡ª Also termed leonina societas. ¡°But an arrangement by which one party should have all the gain …