silent partner

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silent partner

n.
One that makes financial investments in a business enterprise but does not participate in its management.

silent partner

n
(Commerce) US and Canadian a partner in a business who does not play an active role, esp one who supplies capital. Also called (in Britain and certain other countries): sleeping partner

si′lent part′ner


n.
a partner taking or allowed no active part in the conduct of a business. Compare secret partner.
[1820–30, Amer.]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.silent partner - a partner (who usually provides capital) whose association with the enterprise is not public knowledge
partner - a person who is a member of a partnership
References in classic literature ?
Some time next day, he was convinced, if not sooner, his three silent partners would come together.
Presently she forgot all about her silent partner at the gate and was talking as if she had known this grand personage all her life.
2) The silent partners are those who subscribe to the company capital and shall be responsible for the company liabilities only to the extent of their share in the capital or what they committed to pay to the company.
Of course, they're not children now, they're grown adults, and there is no such recourse for the general partner against nuisance silent partners.