sleeping partner

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sleeping partner

a partner in a business who does not play an active role, esp one who supplies capital
References in periodicals archive ?
According to Article 49, the silent partner shall not interfere in the management of the company, even by virtue of a power of attorney.
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.
Silent Partner Technologies, based in Tarpon Springs, Fla.
amount of influence' as a silent partner," he said.
THE owners of top city restaurants 60 Hope Street and The Quarter have bought out a silent partner and are planning to expand.
BlackHawk Blades, the new cutlery division of BlackHawk Products Group, introduced the Silent Partner tactical knife.
They starved the school of funds, and so helped deprive the children of food, warm clothing;" and, "The Indian Department was the silent partner at Spanish, leaving it to the Jesuits and Sisters to take the blame for any shortage felt by the children (p.
The book, entitled Silent Partner, is scheduled for publication in spring 2007 and will detail Matos McGreevey's life with the former governor.
Torchia opened the Timmins sub shop as a silent partner with his sister Carla, who wanted to get into the food business.
Restaurateur and contractor Keith Hardin and a silent partner bought the franchise rights to the pizza place for the southern haft of the state, "pretty much south of Conway," Hardin said.
This silent partner will affect all families, whether they are involved in a business or not, and is one of the major reasons for the failure of many successful family businesses.
While politicians have long put a spin on the stories they tell us, the press has not always been such a willing and silent partner in these misdeeds.