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(UK) A business partner who doesn't play an active role in running the day-to-day operations of a business, who instead, finances the business in the form of capital investment.

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sleeping partner

Although she was listed as a sleeping partner, Maria provided the capital that allowed the café to open and expected a share of the profits.

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Although she was listed as a sleeping partner, Maria provided the capital that allowed the café to open and expected a share of the profits.

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