silent partner

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silent partner

Someone who is closely associated or involved with a business or corporation, typically through financial investment, so as to share in its risks and rewards without participating in its day-to-day operations and management. Primarily heard in US. Dave's father agreed to be a silent partner when we started our company, leaving us to run it once it was set up. In an attempt to crack down on corruption, federal investigators have begun looking into various silent partners that might be financing the drug trade throughout the country.
See also: partner, silent
References in periodicals archive ?
I was the silent partner and had eventually intended to take a small, parttime role when I retired," he said.
It says: "AS WE REMEMBER 9/11 TEN YEARS LATER, AL QAEDA'S SILENT PARTNER IS COMING TO NEW YORK" with a picture of Ahmadi-nejad making clear who the silent partner is.
His character is also the silent partner in the Chez Chez nightclub run by Cheryl Brady.
It must have sent a shiver down umpire Billy Doctrove's spine - he was the silent partner when Darrell Hair accused Pakistan of ball-tampering at The Oval in 2006.
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.
BlackHawk Blades, the new cutlery division of BlackHawk Products Group, introduced the Silent Partner tactical knife.
It is, in fact, the silent partner of the oil and gas industry.
The Silent Partner Survival System combines a comprehensive wilderness survival kit, a CD-ROM library containing 24 Field Manuals, and a set of task-specific field instruction cards.
In 1977, he become involved with raising tax-shelter financing for Daryl Duke's The Silent Partner, which was being produced by Stephen Young.
Based on the expected success of the Silent Partner program, AmeriQuest will concentrate its resources in future quarters on expanding this business segment's revenues while lessening its focus on its traditional high-volume, low-margin hardware distribution business.
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.
of Rocky Mount, NC; Chairman of the ASIS Standing Committee on Food Services The Silent Partner, by the president of Loss Prevention Consultants (LPC), details the activities of 345 thieves in 28 businesses over a period of five years.
Fullplay has been the silent partner behind many successful products," said Dennis Tevlin, CEO of Fullplay.
Based on the success of the Silent Partner program, AmeriQuest will concentrate its resources on expanding this business segment's revenues while lessening its focus on its traditional high-volume, low-margin hardware distribution business.
Life of a Lord has been the silent partner in Ireland's three-pronged national challenge.