A term used to describe the ownership of the Fund's interest in a particular investment based on the current period hypothetical liquidation (i.e. waterfall) calculation. (As used herein, joint venture means any investments which is other than wholly owned). At different points in the life of the investment, the Economic Share may differ from the contractual share for the investment.
Global Definitions Database
Source: NCREIF PREA Reporting Standards | Date: 23 March 2020 | ID: D0045 | Version: 3