Silent Partner in United States

Practical Information

Note: Some of this information was last updated in 1982

A partner who has no voice in the management of the partnership business. Unless he or she is also a special partner (see limited partnership (in U.S. law)), a silent partner is equally responsible with the other partners for the debts of the partnership.

(Revised by Ann De Vries)

What is Silent Partner?

For a meaning of it, read Silent Partner in the Legal Dictionary here. Browse and search more U.S. and international free legal definitions and legal terms related to Silent Partner.