Provision in insurance policies by which the insured shares or participates in each loss incurred and covered by the policy on a specified percentage basis. Sometimes loosely referred to as coinsurance but latter term is not strictly applicable. To prove "participation" in a criminal enterprise, for purpose of convicting for aiding and abetting, there must be evidence to establish that defendant engaged in some affirmative conduct, that is, that defendant committed an overt act designed to aid in success of the venture; proof of mere negative acquiescence will not suffice. U.S. v. Cowart, C.A.Ga., 595 F.2d 1023, 1035
@ participation loan
As a loan risk safeguard, and because of statutory and regulatory limitations on the amount which a single bank may lend to a single borrower, two or more banks will join in larger loans with each bank lending a portion of the amount to the borrower. Such loans are usually arranged for and serviced by a "lead" bank-lender
@ participation mortgage
Type of mortgage where lender participates in profits of venture beyond or in addition to normal interest rate. Participes plures sunt quasi unum corpus in eo quod unum jus habent, et oportet quod corpus sit integrum, et quod in nulla parte sit defectus /partisapiyz pluriyz sant kweyzay yuwnam korpas in iyow kwod yuwnam jas heybant, et aportat kwod korpas sit intagram et kwod in nala partly sit dafektas/ Many parceners are as one body, inasmuch as they have one right, and it is necessary that the body be perfect, and that there be a defect in no part

Black's law dictionary. . 1990.


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 — 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… …   Law dictionary

  • 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)