sleeping partner

3 definitions found

sleeping partner - Collaborative International Dictionary of English v.0.48 :

  Sleeping \Sleep"ing\,
     a. & n. from Sleep.
     [1913 Webster]
  
     Sleeping car, a railway car or carrriage, arranged with
        apartments and berths for sleeping.
  
     Sleeping partner (Com.), a dormant partner. See under
        Dormant.
  
     Sleeping table (Mining), a stationary inclined platform on
        which pulverized ore is washed; a kind of buddle.
        [1913 Webster]

  Dormancy \Dor"man*cy\, n. [From Dormant.]
     The state of being dormant; quiescence; abeyance.
     [1913 Webster]
  
           It is by lying dormant a long time, or being . . . very
           rarely exercised, that arbitrary power steals upon a
           people.                                  --Burke.
     [1913 Webster]
  
     2. (Her.) In a sleeping posture; as, a lion dormant; --
        distinguished from couchant.
        [1913 Webster]
  
     Dormant partner (Com.), a partner who takes no share in the
        active business of a company or partnership, but is
        entitled to a share of the profits, and subject to a share
        in losses; -- called also sleeping partner or silent  partner
        .
  
     Dormant window (Arch.), a dormer window. See Dormer.
  
     Table dormant, a stationary table. [Obs.] --Chaucer.
        [1913 Webster]

sleeping partner - WordNet (r) 2.1 (2005) :

  sleeping partner
      n 1: a partner (who usually provides capital) whose association
           with the enterprise is not public knowledge [syn: silent partner
           , sleeping partner]