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
In business partnerships, a silent partner invests capital but does not take part in day-to-day management. A business owner might say, 'Having a silent partner allows us to benefit from additional capital while maintaining control over the business operations.'
Practice Scenarios
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.

Innovation

Scenario:

Our innovative ideas have massive potential, but we need a considerable investment to bring them to reality. I hope that won't disturb our creative balance.

Response:

Let's look for a silent partner who supports our innovative path and respects the role of the team in charge of the creative process.

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