Syndicate A group of bankers, insurers, etcetera, who work together on a large project. Investopedia Says: A syndicate only works together temporarily. They are commonly used for large loans or underwritings to reduce the risk that each individual firm must take on. Related Terms: Break Issue Club Deal Credit Facility Initial Public Offering - IPO Pathfinder Prospectus Penalty Bid Syndicated Loan Underwriting |