silent-partner

Vocabulary Word

Definition

A 'silent partner' is an individual or entity that invests capital in a business venture, but does not participate in the day-to-day operations or management decisions. It's like being a behind-the-scenes supporter.

Examples in Different Contexts

For startups, a silent partner can provide essential funding without interfering with the creative or operational decisions. A startup founder might explain, 'Our silent partner has contributed significantly to our funding, enabling us to focus on product development and market entry.'

Practice Scenarios

Creative

Scenario:

This film has huge potential but lacks the needed budget. However, preserving our artistic vision is crucial.

Response:

We could consider securing a silent partner who respects our creative autonomy while providing the funding we desperately need.

Business

Scenario:

Our business is doing great but we could do so much more with some additional funding. While we could maintain control, do you think seeking investment is a good idea?

Response:

Possibly, a silent partner could be the ideal solution, since they could provide the necessary capital without interfering in our operations.