Outrageously Funny Word Dictionary :: Parcelled

👉 Parcelled is a phrase that describes a situation where an individual has multiple legal entities or partnerships, each with their own set of rights and obligations. Each entity has its own legal personality, which makes it difficult to control all aspects of its affairs. This can be particularly problematic in complex situations involving multiple parties, such as business partnerships or joint ventures. For example, consider a partnership between two companies, each with its own separate legal entity (the "partner A" and the "partner B"). Partner

parcelled