Definitions
There is 1 meaning of the phrase
Sleeping Partner.
Sleeping Partner - as a noun
A partner (who usually provides capital) whose association with the enterprise is not public knowledge
Synonyms (Exact Relations)
silent partnerExample Sentences
"John's uncle is a sleeping partner in their family business."
"She invested money in the startup company and became a sleeping partner."
"The company has two active partners and one sleeping partner."
"As a sleeping partner, he had no say in the day-to-day operations of the business."
"The sleeping partner receives a share of the profits without actively participating in the business."