DIRECT PARTICIPATION PROGRAM (DPP) Definition

DIRECT PARTICIPATION PROGRAM (DPP) is 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. Also called a Limited Partnership.

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BACKCHARGE is to charge a person or a firm an amount of money in order to make adjustments for a previous transaction.

COMMITTED FIXED COST: See COMMITTED COSTS

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