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participation financing

   Also found in: Wikipedia 0.01 sec.
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Noun1.participation financing - a loan that is shared by a group of banks that join to make a loan too big for any one of them aloneparticipation financing - a loan that is shared by a group of banks that join to make a loan too big for any one of them alone
loan - the temporary provision of money (usually at interest)


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Andrew Stewart of David Cronheim Mortgage Corporation has arranged a participation financing of $20 million (out of a total of $70 million) for construction of The Greenwich condominium project located at 65 W.
 
 
 
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