participating

adjective
par·​tic·​i·​pat·​ing

Legal Definition of participating

1 : involving participation by more than one person or agency
2 : sharing in distributions:
a : entitling the holder to a share in any distribution of surplus by the issuing insurance company
b : entitled to a share in distributions that are in addition to regular fixed income participating shares

More from Merriam-Webster on participating

Nglish: Translation of participating for Spanish Speakers

Britannica English: Translation of participating for Arabic Speakers

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one that collects or salvages junk

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