carried interest

carried interest. Oil & gas. In an oil-and-gas lease, a fractional interest that is free of some or all costs of exploring, drilling, and completing the well. • The owner of a carried interest may earn royalties on production but does not have a working interest, at least until all costs are recouped by the working-interest owner or owners, and often until some multiple of those costs is paid.

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词条贡献者

双语律师Jason，国内知名法学院民商法专业，擅长翻译有关体育博彩领域的法律文件。