silent partner

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Silent partner

A partner in a business who has no role in management but shares in the liability, tax responsibility, and cash flow.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Silent Partner

In a partnership, a partner who owns a share in the company's equity, but does not take part in management. A partner provides capital in order to fund the company's operations and is liable for loss up to the amount of an investment. A silent partner is also responsible for at least a portion of the company's tax liability. Less commonly, a silent partner is called a sleeping partner.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

silent partner

A member of a partnership who does not take active part in management and who is not publicly recognized as a partner.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

silent partner

A partnership investor without any voting power or authority. See limited partnership.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
The Silent Partner system can achieve up to 30 dB(A) insertion loss on a single vertical exhaust system and up to 35 dB(A) on a dual vertical exhaust system, the company said.
You should also find out whether government officials are silent partners of the foreign firm.
I found some of Urban's maxims to be debatable, including, "It is not OK to post cash thefts for all employees to view in an effort to discourage thefts." Also, The Silent Partner's "quick quiz" is more anecdotal than scientific.
Silent Partner Technologies, based in Tarpon Springs, Fla., is a software developer and systems integrator of leading edge RFID applications and solutions such as Wander Prevention Management, RFID Asset Tracking, Equipment Tracking and Art Asset Monitoring.
Tampa, FL, December 11, 2010 --( Silent Partner Technologies (SPT) announced today the release of its major distributorship program.
With a script by Curtis Hanson (who would later achieve Hollywood fame and a stack of Oscars for LA Confidential), The Silent Partner is an unnerving blend of comedy and sudden violence.
Like a ghostly presence, a turquoise mask atop a low stone stand becomes a silent partner in Until...
Life of a Lord has been the silent partner in Ireland's three-pronged national challenge.
The silent partner, Brother, reserves a no less sober surprise for visitors: the aluminum food mills that playfully dot its exterior are lined with graphic color transparencies of dental operations.
Suppose a majority partner in a logging company with strong cash flow wants to buy out his silent partner and requires $1.2 million.
It was Garth Drabinsky's production of Daryl Duke's The Silent Partner (shot in Toronto in 1977 and released in 1978) that set the tone and style of the new producers and their fuzzy vision of "Hollywood North." Financed only in part (about one-third) by tax-shelter investment and without the assistance of the CFDC, The Silent Partner, with its clever casting of a major Canadian star (Christopher Plummer), an American (Elliott Gould) and a British star (Susannah York), was that special blend of success peculiar to very few Canadian films at the time--both critical and commercial.