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has gloss | (noun) 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 participation, participation financing, participation loan |
has gloss | eng: Participation loans are loans made by multiple lenders to a single borrower. Several banks, for example, might chip in to fund one extremely large loan, with one of the banks taking the role of the “lead bank.” This lending institution then recruits other banks to participate and share the risks and profits. The lead bank typically originates the loan, takes responsibility for the loan servicing of the participation loan, organizes and manages the participation, and deals directly with the borrower. |
lexicalization | eng: loan participation |
lexicalization | eng: participation financing |
lexicalization | eng: participation loan |
subclass of | (noun) the temporary provision of money (usually at interest) loan |
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Ukrainian | |
has gloss | ukr: Синдикований кредит (participation loan) – кредит, наданий декількома кредиторами одному позичальникові |
lexicalization | ukr: синдикований кредит |
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similar | e/Participation loan |
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