Legal Dictionary

silent partner

Legal Definition of silent partner

Noun

  1. A person who invests in a company or partnership but does not take part in administering or directing the organization; he or she just shares in the profits or losses.

Related terms


Definition of silent partner

Noun

silent partner (plural silent partners)

  1. A partner who is not actively involved in the running of a business

Further reading

Silent partner may refer to:

  • An anonymous member of a business partnership, or one uninvolved in management

References:

  1. Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.



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