Dormant partner

Dormant partner
Dormancy Dor"man*cy, n. [From {Dormant}.] The state of being dormant; quiescence; abeyance. [1913 Webster]

It is by lying dormant a long time, or being . . . very rarely exercised, that arbitrary power steals upon a people. --Burke. [1913 Webster]

2. (Her.) In a sleeping posture; as, a lion dormant; -- distinguished from {couchant}. [1913 Webster]

{Dormant partner} (Com.), a partner who takes no share in the active business of a company or partnership, but is entitled to a share of the profits, and subject to a share in losses; -- called also {sleeping partner} or {silent partner}.

{Dormant window} (Arch.), a dormer window. See {Dormer}.

{Table dormant}, a stationary table. [Obs.] --Chaucer. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

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  • Dormant partner — Partner Part ner (p[aum]rt n[ e]r), n. [For parcener, influenced by part.] 1. One who has a part in anything with an other; a partaker; an associate; a sharer. Partner of his fortune. Shak. Hence: (a) A husband or a wife. (b) Either one of a… …   The Collaborative International Dictionary of English

  • dormant partner — see partner Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Dormant partner — (engl., spr. dórment), im Gegensatze zu Ostensible partner in England soviel wie stiller Gesellschafter …   Meyers Großes Konversations-Lexikon

  • dormant partner — Sleeping partner, silent partner …   New dictionary of synonyms

  • dormant partner — A silent partner, one whose connection with the firm is concealed from the public and who takes no part in the conduct of the business or affairs of the firm. 40 Am J1st Partn § 15. See silent partner …   Ballentine's law dictionary

  • dormant partner — /dɔmənt ˈpatnə/ (say dawmuhnt pahtnuh) noun → silent partner …  

  • dormant partner — noun : sleeping partner …   Useful english dictionary

  • partner — part·ner n: one of two or more persons associated as joint principals in carrying on a business for the purpose of enjoying a joint profit: a member of a partnership; specif: a partner in a law firm dormant partner: silent partner in this entry… …   Law dictionary

  • Partner — Part ner (p[aum]rt n[ e]r), n. [For parcener, influenced by part.] 1. One who has a part in anything with an other; a partaker; an associate; a sharer. Partner of his fortune. Shak. Hence: (a) A husband or a wife. (b) Either one of a couple who… …   The Collaborative International Dictionary of English

  • dormant — I adjective abeyant, asleep, at rest, becalmed, deactivated, hibernating, iacere, in abeyance, in suspense, inactive, inert, inoperative, latent, passive, quiescent, quiet, resting, sleeping, slumbering, smoldering, static, still, suspended,… …   Law dictionary

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