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silent partner
(redirected from silent partners)

    Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.04 sec.
Silent Partner
An investor who does not have any management responsibilities but provides capital and shares liability for any losses experienced by the entity.

Notes:
Silent partners are liable for in any losses up to the amount of their invested capital and participate in any tax and cash flow benefits.

Also known as a "sleeping partner."

Silent partner
A partner in a business who has no role in management but shares in the liability, tax responsibility, and cash flow.
silent partner
A member of a partnership who does not take active part in management and who is not publicly recognized as a partner.
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