Participant
/ˈpɑːrtɪsɪpənt/
Definitions
- (n.) An individual or entity actively involved in a legal proceeding, contract, trust, or transaction.
Each participant in the lawsuit had a vested interest in its outcome.
- (n.) A beneficiary or party entitled to share in the profits or benefits under a trust or insurance policy.
The participant received monthly distributions from the employee benefit plan.
Forms
- participants
Related terms
See also
Commentary
In legal contexts, 'participant' often denotes active involvement or entitlement in proceedings or arrangements; clarity requires specifying the context—e.g., litigation participant, trust participant.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.