Definition of Nonoperating interest

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TeachMeFinance.com - explain Nonoperating interest



Nonoperating interest

The term 'Nonoperating interest' as it applies to the area of energy can be defined as ' Any mineral lease interest (e.g., royalty, production payment, net profits interest) that does not involve the rights and obligations of operating a mineral property'.

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Noninsured Assistance Program (NAP)
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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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