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Sleeping Partner (Noun)

Meaning

A partner (who usually provides capital) whose association with the enterprise is not public knowledge.

Classification

Nouns denoting people.

Examples

  • The company's sleeping partner was a wealthy investor who preferred to remain anonymous.
  • As a sleeping partner, she provided the necessary funding for the startup but had no involvement in its day-to-day operations.
  • The entrepreneur was able to secure a sleeping partner who contributed a significant amount of capital to the project.
  • The company's sleeping partner was a well-known businessman who didn't want his involvement to be publicly disclosed.
  • The venture capitalist acted as a sleeping partner, providing financial support to the company without taking an active role in its management.

Synonyms

  • Silent Partner

Hypernyms

  • Partner
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