participate par‧tic‧i‧pate [pɑːˈtɪspeɪt ǁ pɑːr-] verb [intransitive]
1. if someone participates in the management of a company, they help make important decisions, for example by being on the board of directors:
participate in
• Investors can participate in the management of the company they invest in, but must keep ownership at less than 50%.
2. HUMAN RESOURCES if employees of a company participate in its profits, they receive part of them:
participate in
• The workers have a stake in the corporation's success and they participate in its growth and profits.
3. FINANCE if investors who are members of mutual S (= financial institutions such as some insurance companies, without shareholders) participate in their profits, they receive a share of the profits in addition to the normal payments from their investments
— participation noun [uncountable] :
• Employee participation in corporate decisions helps reduce absenteeism.
• Members also benefit from their participation in the profits of the mutual company.
• the impact of worker participation schemes on enterprise performance
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participate UK US /pɑːˈtɪsɪpeɪt/ verb [I]
► to take part in an event or activity: participate in sth »
All staff are encouraged to participate in the project.
»Several hotels are participating in the program.
► FINANCE to receive a share of the profits of a company: participate in sth »
All our employees participate in profits, when there are any.
Financial and business terms. 2012.