the fact of taking part, as in some action or attempt: participation in a celebration.
3.
a sharing, as in benefits or profits: participation in a pension plan.
adjective
4.
of or pertaining to a venture characterized by more than one person, bank, or company participating in risk or profit: a participation loan.
Origin: 1325–75; < Late Latinparticipātiōn-, stem of participātiō (see participate, -ion); replacing Middle Englishparticipacioun < Anglo-French < Late Latin, as above
late 14c., from O.Fr. participation (13c.), from L.L. participationem (nom. participatio), noun of action from pp. stem of L. participare "participate," from particeps (gen. participis) "partaker," from pars (gen. partis) "part" (see part (n.)) + root of capere "to take" (see
capable). Participatory is attested from 1881; participatory democracy is from 1968.