Silent Partner Law and Legal Definition
A silent partner is an investor who either does not take an active role in the management of the business or whose identity is kept secret. It may be a principal whose identity is not revealed by his/her agent. Even if the identity of the silent partner is not revealed to third parties, the silent partner participates in the profits or losses of the business.
Legal Definition list
- Silent Alarm System
- Significantly Subaverage General Intellectual Functioning
- Significantly Disturbed For Purposes of Mineral Extraction
- Significant-Connection Jurisdiction
- Significant Response
- Silent Partner
- Silent Possession
- Silent-Witness Theory
- Silver Platter Doctrine
- Silver Star [Military Law]
- Similar Happenings
Related Legal Terms
- Adult Interdependent Partner
- Aggregate Theory of Partnership
- Articles of Partnership
- Arts Education Partnership
- Business Partner Network (BPN)
- Center for Faith Based and Neighborhood Partnerships [HUD]
- Center for Faith-Based and Neighborhood Partnerships [HUD]
- Civil Partnership
- Community Partnership
- Copartner
