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direct participation program

   Also found in: Acronyms, Wikipedia 0.03 sec.
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.
direct participation program
An investment program in which tax consequences and cash flows pass directly from the investment to the investors. The purpose of a direct investment program is to permit investors to enjoy certain benefits (for example, depreciation deductions) usually available to a corporation.
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founded in 1978, is an investment banking firm specializing in direct participation program securities.
IPA Announces A New Perception of Direct Investment Programs by Business Wire
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