passive investor
nounUK /ˈpæsɪv ɪnˈvɛstə/
US /ˈpæsɪv ɪnˈvɛstər/
A person who puts money into things and lets them grow without doing much work.
My uncle is a passive investor who buys index funds and rarely checks his account.
OTHER MEANINGS
2. An investor who does not take an active role in managing the companies they invest in.
As a passive investor, she never attends shareholder meetings or votes on board decisions.
3. Someone who earns income from investments rather than from active work.
He became a passive investor after selling his business and living off rental income.
4. A limited partner who contributes capital but leaves daily operations to others.
The passive investor put up half the money for the restaurant but let the chef run it.