Definition of sleeping or silent partner. Meaning of sleeping or silent partner. Synonyms of sleeping or silent partner
Here you will find one or more explanations in English for the word sleeping or silent partner.
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Definition of sleeping or silent partner
sleeping or silent partner Dormant Dor"mant, a. [F., p. pr. of dormir to sleep, from L.
dormire; cf. Gr. ?, Skr. dr[=a], OSlav. dr?mati.]
1. Sleeping; as, a dormant animal; hence, not in action or
exercise; quiescent; at rest; in abeyance; not disclosed,
asserted, or insisted on; as, dormant passions; dormant
claims or titles.
It is by lying dormant a long time, or being . . .
very rarely exercised, that arbitrary power steals
upon a people. --Burke.
2. (Her.) In a sleeping posture; as, a lion dormant; --
distinguished from couchant.
Dormant partner (Com.), a partner who takes no share in the
active business of a company or partnership, but is
entitled to a share of the profits, and subject to a share
in losses; -- called also sleeping or silent partner.
Dormant window (Arch.), a dormer window. See Dormer.
Table dormant, a stationary table. [Obs.] --Chaucer.
Meaning of sleeping or silent partner from wikipedia