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LSDefine

Simple English definitions for legal terms

participation

Read a random definition: qui improvide

A quick definition of participation:

Participation: When someone takes part in something, like working together with others, doing something wrong, or being involved in a legal process. It can also mean when an employee gets a share of a company's profits. This is sometimes called profit-sharing.

A more thorough explanation:

Definition: The act of taking part in something, such as a partnership, a crime, or a trial. It can also refer to the right of an employee to receive part of a business's profits through profit-sharing.

Examples:

  • John's participation in the robbery made him an accomplice.
  • The company offers profit-sharing as a way to incentivize employee participation in the success of the business.
  • During the trial, the defendant's lawyer argued that his client had no participation in the crime.

The examples illustrate how participation can refer to involvement in various activities, both legal and illegal. In the case of profit-sharing, it shows how participation can also be used as a way to motivate employees and reward them for their contributions to a company's success.

participating policy | participation loan

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