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Definition 1
Temporary association of two or more individuals or firms to carryout a specific business venture or project such as large scale real estate development. Syndicates are commonly treated as corporations or partnerships for tax purposes.
Definition 2
Group of brokers or insurance underwriters who together accept the risk of buying and distributing a new stock issue or an insurance risk.
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syndicate is in the Banking, Commerce & Finance, Entrepreneurship, Management, & Leadership and General, Marine, & Life Insurance subjects.
syndicate appears in the definitions of the following terms: bought deal, Lloyd's of London (Lloyd's), divided account, consortium, information memorandum, undivided account, organized crime, names and lead manager
syndicate appears in these other terms: syndicated credit, underwriting syndicate, syndicated investment, syndicated loan
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