What does sleeping partner mean?
Definitions for sleeping partner
sleep·ing part·ner
This dictionary definitions page includes all the possible meanings, example usage and translations of the word sleeping partner.
Princeton's WordNet
silent partner, sleeping partnernoun
a partner (who usually provides capital) whose association with the enterprise is not public knowledge
Wiktionary
sleeping partnernoun
a business partner who doesn't play an active role in running the day-to-day operations of a business, who instead, finances the business in the form of capital investment
ChatGPT
sleeping partner
A sleeping partner, also known as a silent partner, is an individual who invests capital into a business partnership but does not participate in the day-to-day operations or management of the business. Their primary role is to provide financial support, and they share in the profits or losses of the business, but they do not typically take part in making decisions or running the company. They're liable for the business's debt up to the amount they've invested.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of sleeping partner in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of sleeping partner in Pythagorean Numerology is: 8
Translations for sleeping partner
From our Multilingual Translation Dictionary
- sócio comanditórioPortuguese
- passiv delägareSwedish
Get even more translations for sleeping partner »
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"sleeping partner." Definitions.net. STANDS4 LLC, 2024. Web. 30 Apr. 2024. <https://www.definitions.net/definition/sleeping+partner>.
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