sleeping partners
Backers without involvement
Sleeping partners are investors in a business who contribute capital but take no active role in management or daily operations.
The term is British; Americans say silent partners.
The metaphor suggests someone asleep while others do the work: He remained a sleeping partner while his brother ran the company.
The phrase occasionally carries sexual innuendo about people who share a bed.
- contributorOne who provides something
- investmentDeploying capital for returns
- financierManager of substantial funds
- principalsChief school administrators
- associateConnect mentally or socially
profit sharing · passive investor · hands off · behind the scenes · fiduciary duty · bedfellow · strange bedfellows · bed · venture capital · minority shareholder · board seat · liability shield · private equity · money man · joint venture · equity investment · strategic investment · syndicate