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LSDefine

Simple English definitions for legal terms

participate

Read a random definition: DBA

A quick definition of participate:

Participate: To take part in something and receive a share of the benefits. This could include receiving a portion of profits from a business, payments on a loan, ownership of land, or being named as a beneficiary in someone's will.

A more thorough explanation:

Definition: To take part in an activity or event, or to invest in something and receive a share of the profits or benefits.

Example 1: Sarah decided to participate in the school play by auditioning for a role.

Example 2: John agreed to participate in the company's employee stock ownership plan, which allowed him to invest in the company and receive a share of its profits.

These examples illustrate the different ways in which someone can participate. In the first example, Sarah is participating in an activity by auditioning for a role in the school play. In the second example, John is participating in a financial opportunity by investing in the company and receiving a share of its profits. In both cases, the person is actively involved in something and stands to benefit from their participation.

partially secured debt | Participating preferred stock

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i got a 50% scholly to U of A, a somewhat interesting offer
u of arizona is a solid program
congrats on your scholly
thank you!
texaslawhopefully
17:37
congrats!
Water
17:47
@HopefullyInLawSchool: Do you like Arizona? Have you been there?
yes, i have an uncle that lives out there, im from southern california so ive found my way out to Arizona quite a few times. I wouldve prefered ASU but i was rejected
It's alright, it gets hot in the summer but Id try and do my summer internships through connections I have in SoCal
Water
17:51
Well, sounds like a good option if you want to work there after.
Water
17:52
I would say if you have never been there before, do not go but you have so nice.
maybe, but a good offer to think about
texaslawhopefully
17:59
Depending on your ideological proclivities there's a few high impact litigation places in Arizona
i did it guys
there were some tears but the cutoff occurred
IrishDinosaur
18:09
way to go curvy! proud of u
normalize context
lilypadfrog
18:09
he cut off the situationship i think
why he calling it a friendship then?
Water
18:12
Some people are like foreskins. Gotta cut em off. You did the right thing.
it has a very messed up context but ultimately yes i sort of cut off a friendship
lilypadfrog
18:18
idk I wasn’t on here enough
suddy
18:20
Phew, missed the Michigan R wave
@lilypadfrog: you got the gist
@windyMagician: it’s more fun when you create a random context
Water
18:33
Yeah no idea but it has to happen sometimes. I have done it before.
they’re necessary convos but never pleasant
suddy
18:39
Berk wave! Eggan, are you here for this?
18:42
@texaslawhopefully: Sad news for us this morning ;(
18:44
eggy where are ypi
18:45
What's up incels and blue haired monsters?
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