Definition of silent partner in English:
North American term for sleeping partner.
- The other 15% of the firm is owned by four silent partners, who invested another $10,500 in seed money for a total of $70,000 in start-up costs.
- Keep in mind, however, that individual investors tend to be silent partners, which could be good or bad, depending on your needs.
- Her evidence was that the business was ready to go by March 2001, and that she was going to be the active partner, and her son-in-law would be the silent partner.
Definition of silent partner in:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan