Definition of Potentially responsible party (PRP)

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TeachMeFinance.com - explain Potentially responsible party (PRP)



Potentially responsible party (PRP)

The term 'Potentially responsible party (PRP)' as it applies to the area of hazardous materials can be defined as 'A company, government, or person legally responsible for cleaning up the pollution at a hazardous waste site under Superfund. There may be more than one PRP for a particular site'.

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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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