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Silent Partners

Defined in 1 dictionary — Cyclopedic (1922)

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

Those who take no active part in the management of the business. They may be either ostensible or secret partners. Dormant Partners. Such as are both secret and silent partners. The term_ is sometimes applied, however, as meaning merely a secret partner, and sometimes as meaning a silent partner. Pars. Partn. §31. —

Defined under Partner in The Cyclopedic Law Dictionary.