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Syndicate
01
a group of people or businesses who come together in order to carry out or to fund a particular business project
Example
The syndicate of venture capitalists provided funding to support the expansion plans of the tech startup.
The investment bank formed a syndicate of lenders to provide financing for the large-scale infrastructure project.
The insurance syndicate underwrote the risk associated with the construction project, spreading it across multiple insurers.
02
a loose affiliation of gangsters in charge of organized criminal activities
03
a news agency that sells features or articles or photographs etc. to newspapers for simultaneous publication
to syndicate
01
sell articles, television programs, or photos to several publications or independent broadcasting stations
02
organize into or form a syndicate
03
join together into a syndicate
Example
The syndicate of venture capitalists provided funding to support the expansion plans of the tech startup.
The investment bank formed a syndicate of lenders to provide financing for the large-scale infrastructure project.
The insurance syndicate underwrote the risk associated with the construction project, spreading it across multiple insurers.
The real estate syndicate purchased the commercial property through a joint venture, sharing both the risks and rewards of the investment.
The syndicate of investors pooled their resources to acquire a controlling stake in the startup company.
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