Definition of Sleeping partner

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

Exact synonyms: Silent Partner
Generic synonyms: Partner

Definition of Sleeping partner

1. Noun. (U.K.) 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 ¹

¹ Source:

Sleeping Partner Pictures

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Lexicographical Neighbors of Sleeping Partner

sleeping around
sleeping at the switch
sleeping bag
sleeping bags
sleeping beauty
sleeping capsule
sleeping car
sleeping cars
sleeping draught
sleeping giant
sleeping giants
sleeping hibiscus
sleeping lions
sleeping off
sleeping partner (current term)
sleeping pill
sleeping pills
sleeping policeman
sleeping policemen
sleeping room
sleeping sickness
sleeping tablet
sleeping tablets
sleeping together
sleepless person

Literary usage of Sleeping partner

Below you will find example usage of this term as found in modern and/or classical literature:

1. Principles of Economics by Alfred Marshall (1895)
"The sleeping partner is sometimes the ruler of the State, sometimes he is an individual who inherits what was once the duty of collecting the payments due ..."

2. Ten Years of My Life by Agnes zu Salm-Salm (1877)
"... letter to Juarez—Politeness of Escobedo—Preparing to go to San Luis—Consul Bahnsen's fear justified—His sleeping partner—Another audience with Juarez—My ..."

3. Martin's Practice of Conveyancing: With Forms of Assurances by Charles Davidson (1844)
"ARTICLES of COPARTNERSHIP between Four ACTIVE Partners and ONE SLEEPING Partner. THIS INDENTURE, made &c., BETWEEN AB, of &c., of the first part; CD, ..."

4. A Treatise on the Law of Stock-brokers and Stock-exchanges by John Randolph Dos Passos (1905)
"A sleeping partner interested who, in defiance of the terms of his contract, attempts to override the same, cannot thereafter be introduced or admitted ..."

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