participation
par·tic·i·pa·tion n
1: the action or state of taking part in something: as
a: association with others in a relationship (as a partnership) or an enterprise usu. on a formal basis with specified rights and obligations
a loan made directly or in participation with a bank
2 a: something in which shares are taken by more than one party
b: something that results in a share (as of a distribution)

Merriam-Webster’s Dictionary of Law. . 1996.

participation
index affiliation (connectedness), assistance, association (connection), collusion, connivance, contact (association), coverage (scope), integration (assimilation), interest (ownership), league, partnership

Burton's Legal Thesaurus. . 2006


participation
USA
An arrangement whereby one party transfers an interest in its rights under a contract with a third party to another party (the participant); however, there is no direct contractual relationship or privity between the participant and the third party. This is a typical arrangement in a bank loan financing.
For further information, see Practice Note: Assignments and Participations of Loans (www.practicallaw.com/8-381-8532).

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Synonyms:

Look at other dictionaries:

  • participation — [ partisipasjɔ̃ ] n. f. • v. 1170; lat. participatio 1 ♦ Action de participer à qqch.; son résultat. « La démocratie est la participation à droit égal, à titre égal, à la délibération des lois et au gouvernement de la nation » (Lamartine). La… …   Encyclopédie Universelle

  • participation — Participation. s. f. La part qu on a à quelque chose. La participation aux merites de Jesus Christ, aux merites des Saints, aux prieres des fidelles. la participation aux corps & au sang de Jesus Christ. la participation aux sacrements. la… …   Dictionnaire de l'Académie française

  • Participation — Participation, in addition to its dictionary definition, has specific meanings in certain areas.*Participation (decision making), a notion in theory of management, economics and politics *Participation (VR), a notion from virtual reality… …   Wikipedia

  • Participation — Par*tic i*pa tion, n. [F. participation, L. participatio.] 1. The act or state of participating, or sharing in common with others; as, a participation in joy or sorrows. [1913 Webster] These deities are so by participation. Bp. Stillingfleet.… …   The Collaborative International Dictionary of English

  • participation — (n.) late 14c., from O.Fr. participation (13c.), from L.L. participationem (nom. participatio), noun of action from pp. stem of L. participare participate, from particeps (gen. participis) partaker, from pars (gen. partis) part (see PART (Cf.… …   Etymology dictionary

  • Participation — Dans le domaine de la gouvernance et de la citoyenneté, la participation désigne des tentatives de donner un rôle aux individus dans une prise de décision affectant une communauté. Cette notion s est appliquée à plusieurs champs distincts. Elle… …   Wikipédia en Français

  • participation — (par ti si pa sion ; en vers, de six syllabes) s. f. 1°   Action de participer. •   Elle [la religion] apprend aux justes, qu elle élève jusqu à la participation de la Divinité même, qu en ce sublime état ils portent encore la source de toute la… …   Dictionnaire de la Langue Française d'Émile Littré

  • participation — noun ADJECTIVE ▪ full ▪ broader, greater, increased ▪ mass, widespread ▪ We have to improve and increase mass participation in sports …   Collocations dictionary

  • participation — An agreement between lenders to share a commitment to extend funds (if any), the extension of funds, and the credit risk for one or more credit facilities to a borrower. Almost always evidenced by a written agreement. American Banker Glossary The …   Financial and business terms

  • PARTICIPATION — s. f. L action de participer à quelque chose. La participation aux mérites de JÉSUS CHRIST, aux prières des saints, aux prières des fidèles. La participation au corps et au sang de JÉSUS CHRIST. La participation aux sacrements, aux saints… …   Dictionnaire de l'Academie Francaise, 7eme edition (1835)

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