What is the meaning of participation loan?

participation loan is a loan made or owned by more than one lender; the joint investors share profits and losses in proportion to how much of the loan each owns.

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APABarry Goldsmith. (2010). participation loan. Retrieved September 29, 2026, from http://smartdefine.org/participation_loan/definitions/1160212
ChicagoBarry Goldsmith. 2010. "participation loan" http://smartdefine.org/participation_loan/definitions/1160212 (accessed September 29, 2026).
HarvardBarry Goldsmith 2010, participation loan, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/participation_loan/definitions/1160212>.
MLABarry Goldsmith. "participation loan" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/participation_loan/definitions/1160212>
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