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sleeping partner

   Also found in: Medical, Legal, Financial, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
sleeping partner
n
(Business / Commerce) a partner in a business who does not play an active role, esp one who supplies capital
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.sleeping partner - a partner (who usually provides capital) whose association with the enterprise is not public knowledge
silent partner
partner - a person who is a member of a partnership
Translations
sleeping partner n (Brit) (Comm) → socio inattivo
sleeping partner n (Brit) (Comm) → socio inattivo


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? Mentioned in ? References in classic literature
 
Now it appeared to him (Pumblechook) that if that capital were got into the business, through a sleeping partner, sir - which sleeping partner would have nothing to do but walk in, by self or deputy, whenever he pleased, and examine the books - and walk in twice a year and take his profits away in his pocket, to the tune of fifty per cent.
Great Expectations by Dickens, Charles View in context
The same day I was placed in a shop in Broadway, belonging to a firm of which I now understood the colonel was a sleeping partner.
Autobiography of a Pocket-Handkerchief by Cooper, James Fenimore View in context
Lastly, he was a charming fellow and showed that he was not lacking in intelligence, for, as soon as he made up his mind to be a sleeping partner in the Opera, he selected the best possible active manager and went straight to Firmin Richard.
The Phantom of the Opera by Leroux, Gaston View in context
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