Definitions for "Direct Participation Program"
Program enabling investors to receive the cash flow and tax benefits directly; often through a limited partnership.
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.
A program which allows investors to participate directly in the cash flow and tax benefits of the underlying investments. Such programs are usually organized as Limited Partnerships, although their uses as tax shelters have been severely curtailed by tax legislation affecting passive investments.
Keywords:  dirty, distribution, stock
dirty stock distribution