syndicate
noun [ C ]
FINANCE uk/ˈsɪndɪkət/ usa group of people or organizations who join together to share the financial risk involved in achieving something:
A syndicate of banks is financing the deal.
a banking/property syndicate
See also
Lloyd's syndicate
loan syndicate
underwriting syndicate
syndicate
verb [ T ]
uk/ˈsɪndɪkeɪt/ us FINANCE
to provide or manage a large loan together with other financial organizations who share the risk:
The bank was prepared to lend as much as $5.75 billion, though it would syndicate the debt.
COMMERCE, COMMUNICATIONS
to sell television programmes, newspaper articles, etc. to companies around the world:
syndicate sth to sb The Oscars ceremony is syndicated to broadcasters worldwide.