LOAN PARTICIPATION
loan participation.The coming together of multiple lenders to issue a large loan (called a participation loan) to one borrower, thereby reducing each lender’s individual risk. [Cases: Contracts 194.]
[Blacks Law 8th]
loan participation.The coming together of multiple lenders to issue a large loan (called a participation loan) to one borrower, thereby reducing each lender’s individual risk. [Cases: Contracts 194.]
[Blacks Law 8th]