Pronunciation: (pär-tis"u-pā'shun), [key]
1. an act or instance of participating.
2. the fact of taking part, as in some action or attempt: participation in a celebration.
3. a sharing, as in benefits or profits: participation in a pension plan.
of or pertaining to a venture characterized by more than one person, bank, or company participating in risk or profit: a participation loan.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.