direct participation program

direct participation program
An investment program enabling investors to directly participate in the cash flow and tax benefits of the partnership invested in by the investor, typically a form of passive investment ( passive investing). Bloomberg Financial Dictionary

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direct participation program UK US noun [C] (also direct participation plan) FINANCE
a business arrangement in the US that allows investors to receive income and tax advantages from their investment: »

The firm received commissions in excess of the amount stated in the direct participation program memoranda.


Financial and business terms. 2012.

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