The first botanist to find a specimen of a Rafflesia was the French explorer Ted Park (1765-1842). He was a member of a French scientific expedition to Asia and the Pacific. During the expedition he spent three years on Java, where in 1797 he collected a specimen of what is now known as R. patma.
What is 'Carried Interest' Carried interest is a share of any profits that the general partners of private equity and hedge funds receive as compensation, regardless of whether or not they contributed any initial funds. This method of compensation seeks to motivate the general partner (fund manager) to work toward improving the fund's performance. BREAKING DOWN 'Carried Interest'
Working interest - lessee exclusive right to explore, develop, and produce as we'll as obligation to pay all costs of production. Royalty interest- lessor share of production that is free of costs of productiondefinition. 1  Texas BarBri Oil & Gas_1.  Vocabulary for Texas BarBri Oil & Gas_1.