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(UK) 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.

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sleeping partner

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sleeping partner

noun

(UK) 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.

My business partner is a sleeping partner.

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(UK) 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.

Somewhat later, the Frenchman Charles Fourier was ridiculed for expecting day by day the sleeping-partner to turn up who would invest in his Phalanstère plan, which was based on ideas very similar to those sponsored by one of the greatest contemporary experts on finance.

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sleeping partner

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sleeping partner

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