en

silent partnership

1

Terminological databases

EKI terminibaas Esterm

ID 701975 Last modified 30.12.2004
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Domain civil law
vaikiv seltsing
Usage examples
  • Eeldatakse, et ettevõtja kasum jaotatakse ja kahjum kaetakse vastavalt ettevõtte väärtuse ja vaikiva seltsinglase panuse suhtele vaikiva seltsingu loomise ajal.
silent partnership
Usage examples
  • In a silent partnership (Stille Gesellschaft) a person, the silent partner, provides an existing business with capital. He does not participate in management. He receives a percentage of the profits and bears a percentage of the loss, though the participation in the losses may be excluded. The silent partner is not liable for the debts of the business. It can be agreed that the silent partner shares in the assets.

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