A more thorough explanation:

A partner is someone who co-owns or invests in a business with at least one other person. They share the profits and are involved in the operations of the business. Partners can enter into contracts on behalf of the business.

An active partner is someone who invests in the business and participates in the day-to-day activities. They take on more risk and reward than a silent partner. An example of an active partner is a member of a board of directors who also works in the company.

A silent partner is someone who invests in the business but is not involved in the day-to-day activities. They are also known as a limited partner. They may attend management meetings but do not participate in them. An example of a silent partner is someone who gives money to a friend to start a business but does not want to be involved in running it.

Both active and silent partners are important for a business to succeed. Active partners bring their skills and knowledge to the business, while silent partners provide financial support. Together, they can make a successful partnership.