What is another word for dormant partners?

Pronunciation: [dˈɔːmənt pˈɑːtnəz] (IPA)

Dormant partners are those individuals who invest in a business but remain inactive in terms of management. They provide capital and share profits but are not actively involved in the company's day-to-day operations. Synonyms for the term dormant partners include silent partner, sleeping partner, non-managing partner, and inactive partner. Depending on the partnership agreement, dormant partners may not have any legal liability for the company's debts or obligations. However, they may be entitled to a percentage of the profits and may also have a say in major business decisions. It is important to clarify the roles and responsibilities of all partners before entering a business partnership to avoid misunderstandings and disputes in the future.

What are the hypernyms for Dormant partners?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

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