limited partner
nounUK /ˈlɪm.ɪ.tɪd ˈpɑːt.nər/
US /ˈlɪm.ɪ.t̬ɪd ˈpɑːrt.nɚ/
A limited partner is a person who puts money into a business but does not help run it.
She became a limited partner in her friend's restaurant but only invested money.
OTHER MEANINGS
2. A partner in a limited partnership whose liability is limited to the amount they invested.
As a limited partner, he could lose only the money he had put in.
3. An investor who provides funds without taking part in daily management.
The limited partner attended meetings but never made business decisions.
4. A member of a business who shares profits but not management duties.
The firm's limited partners receive a share of the profits each year.