The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

SILENT PARTNER Definition & Legal Meaning

Definition & Citations:

Known as a sleeping partner who shares the rewards and risks of the venture but takes no part in any day-to-day management.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.