Syndicate refers to "a consortium or an association." Though not a rule, it increasingly used to refer to an affiliation of gangsters working for organized crime. A syndicate is also a group of companies dedicating their efforts towards a particular purpose. Syndicate is also a term used in reference to a news agency that sells articles, photographs, or news feature to newspaper and news channels for publication and telecast.
Syndicate is also used as a verb, referring to an act of forming a syndicate or selling articles to publications. Syndicate is also an organization of investment banks that underwrite or guarantee to buy a new securities issue from the issue on a whole-sale basis and resell it to investors. One can also refer to the syndicate as a group of banks that get together to raise medium-term funding for government and various other financial institutions. "Syndicate" is believed to have entered popular English literature for the first time in the later half of the 19th century.
Syndicate is also used as a verb, referring to an act of forming a syndicate or selling articles to publications. Syndicate is also an organization of investment banks that underwrite or guarantee to buy a new securities issue from the issue on a whole-sale basis and resell it to investors. One can also refer to the syndicate as a group of banks that get together to raise medium-term funding for government and various other financial institutions. "Syndicate" is believed to have entered popular English literature for the first time in the later half of the 19th century.
