Definition of "silent partner" []

• One that makes financial investments in a business enterprise but does not participate in its management. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "Still, his first step was tentative—an agreement with Bingham to invest as a silent partner with him and Captain George Ord, a daring sailor who won fame in a powder raid on Bermuda in 1775 and helmed the Lady Catherine on her eventful voyage to New Orleans."
• "And Parker had failed to find the funds he sought in Boston, forcing him to turn to John Holker, his silent partner in the army contracts, for additional financing."
• "By a contract signed on March 3, Morris agreed to become a silent partner with William Alexander & Company, sharing in all profits and losses."