inactive partner
[ɪnˈæktɪv ˈpɑːrtnər]
nounpl: inactive partners
sócio inativo
1. A member of a partnership who has invested capital but does not participate in the management or daily operations of the business
She became an inactive partner in the law firm, providing capital but leaving all decisions to her colleagues.
Ela se tornou sócia inativa no escritório de advocacia, fornecendo capital mas deixando todas as decisões para seus colegas.
2. A partner whose involvement in the partnership is limited to financial contribution without active participation in business decisions or operations
The inactive partner receives profits proportional to his investment but has no voting rights.
O sócio inativo recebe lucros proporcionais ao seu investimento, mas não tem direitos de voto.
In Brazil, inactive partners are common in family businesses and investment partnerships. The concept is well-established in Brazilian corporate law (Lei das Sociedades Anônimas). This structure allows family members or investors to participate financially without being involved in day-to-day management, which is particularly prevalent in São Paulo's business community.
Related Idioms & Phrases
silent partner in the background
sleeping partner arrangement
bringing capital to the table
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