participation loan
A loan issued by two or more lenders. See LOAN PARTICIPATION. [Cases: Contracts 194.]
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A loan issued by two or more lenders. See LOAN PARTICIPATION. [Cases: Contracts 194.]
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participation loan 〈美〉共同贷款;参加贷款 为防范和分解贷款风险,也因银行对单个借款人的放贷规模受到法定限制,故由两个或两个以上银行共同提供的贷款,每一银行分别承担一定比例的贷款数额。共同贷款通常由一家牵头银行〔leading bank〕出面安排。
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