atypisch stiller Gesellschafter
English translation: atypical silent (or undisclosed) partner
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| 14:03 Aug 23, 2005 |
| German to English translations [PRO] Bus/Financial - Business/Commerce (general) | |||||||
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|  Selected response from: Kim Metzger Mexico Local time: 08:45 | ||||||
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| 3 +7 | atypical silent partner |
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| 3 | atypical silent partner |
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| Discussion entries: 1 | |
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Answers
13 mins confidence: 
atypical silent partner Explanation: would be my choice |
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12 mins confidence: peer agreement (net): +7
peer agreement (net): +7atypical silent partner Explanation: DSL Holding AG. Atypical silent partner whose sole activity is the holding of a stake in DSL Bank-Deutsche Siedlungs- und Landesrentenbank. The bank is active in domestic and foreign public and private financing, with particular emphasis on public . http://www.business.com/directory/financial_services/banking... -------------------------------------------------- Note added at 48 mins (2005-08-23 14:51:29 GMT) -------------------------------------------------- A silent partner is an investor who does not have any management responsibilities but provides capital and shares liability for any losses experienced by the entity. Silent partners are liable for in any losses up to the amount of their invested capital and participate in any tax and cash flow benefits. Silent partner is also known as a "sleeping partner". http://www.fundingpost.com/glossary/silent-partner.asp?refer... silent partner n. a non-legal term for an investor who puts money into a business, takes no part in management, and is often unknown to customers. A "limited partner," who is prohibited from taking part in management and has no liability for debts beyond his/her investment, is a true silent partner. However, without a limited partnership agreement, a silent partner is responsible for the debts of the partnership as a general partner. (See: general partner, limited partnership, partner) http://legal-dictionary.thefreedictionary.com/silent partner |
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