Sleeping Partner Definition and Citations: A dormant partner ; one whose name does not appear in the firm, and who takes no active part in the business, but who has an interest in the concern, and shares the profits, and thereby becomes a partner, either absolutely, or as respects third persons. In the dynamic realm of modern business, the concept of a sleeping partner is often shrouded in mystery, yet it holds a significant place in the architecture of many successful enterprises. A sleeping partner, also known as a silent partner, is an individual who invests capital into a business... Sleeping partner Get the answer to the NYT Spelling Bee clue “ Sleeping partner ”, starting with the letters be. Click below to uncover the answer. In this article, he discusses various types of partners and partnership in accordance with the Indian Partnership Act.
