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 ?
The resolutions relating to the amendment of the memorandum shall not be valid unless issued unanimously by all acting and silent partners.
The Silent Partner system can achieve up to 30 dB(A) insertion loss on a single vertical exhaust system and up to 35 dB(A) on a dual vertical exhaust system, the company said.
You should also find out whether government officials are silent partners of the foreign firm.
For more information about the Silent Partner Thermal Printer or the GALAXY Integrated Library System, contact Gaylord Information Systems, P.
According to senior management at Silent Partner Technologies, the company is excited to build its network of distributors and also believes that new distributorships are a great addition to SPT's expanding operations and continued growth.
In the area of $5,000 plus, financed by my savings and a silent partner.
Like a ghostly presence, a turquoise mask atop a low stone stand becomes a silent partner in Until.
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.
It is, in fact, the silent partner of the oil and gas industry.
Suppose a majority partner in a logging company with strong cash flow wants to buy out his silent partner and requires $1.
Introduced to fellow Honeywell employee Joseph Thomas, the two paired up with Tom Waddell and a silent partner, both of whom are white, to launch the company.
But with Schwarzenegger now in office, the Republicans' role is to function as the administration's silent partner and to help forge legislative consensus.