Simple English definitions for legal terms
Read a random definition: nolo
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.
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.