HomeDefinitionsCompareDebt Participation loanThe financial definition for Participation loan:A large loan made by a group of lenders, that enables a borrower to obtain financing above the legal lending limit of an individual lender. Similar MatchesDirect participation programDirect participation programAn investment program enabling investors to directly participate in the cash-flow and tax benefits of the partnership invested in by the investor, typically a form of passive investment. Participation certificates (PC)Participation certificates (PC)Used in the context of general equities. Investments representing an interest in a pool of funds or in other instruments, such as foreign securities, that allow participation in the rise or fall of a security or group of securities. Strip mortgage participation certificate (strip PC)Strip mortgage participation certificate (strip PC)Ownership interests in specified mortgages purchased by Freddie Mac from a single seller in exchange for separate instruments representing interests in the same mortgages. Click to compare definitions of Participation loan Click to view definitions beginning pa |