syndicate

syndicate
A group of banks that acts jointly, on a temporary basis, to loan money in a bank credit (syndicated credit) or to underwrite a new issue of bonds. Bloomberg Financial Dictionary

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▪ I. syndicate syn‧di‧cate 1 [ˈsɪndkt] noun [countable]
FINANCE a group of people or companies that work together to achieve a particular aim; = PARTNERSHIP:

• a banking syndicate led by the Hong Kong Bank of Australia

• The publishing group has bought a 45% stake, joining the company's shareholder syndicate.

ˈLloyd's ˌsyndicate INSURANCE
a group of Names (= members) at Lloyd's that provides insurance against particular risks:

• Despite losses related to its involvement with a Lloyd's syndicate, the company reported a 70% rise in pre-tax profits.

ˈloan ˌsyndicate BANKING
a group of banks that act together to provide a particular loan:

• Finance for the project was provided by a loan syndicate.

ˈunderwriting ˌsyndicate FINANCE
a group of financial institutions that work together to issue (= make available and sell) shares, bonds etc, and agree to buy any that they do not sell to investors:

• The offering is being made through an underwriting syndicate.

  [m0] ▪ II. syndicate syn‧di‧cate 2 [ˈsɪndkeɪt] verb [transitive]
1. FINANCE if a company, especially a bank or insurance company, syndicates a loan, debt etc, it provides the loan, debt etc with a group of other companies:
syndicate something to

• Some of the largest loans were syndicated to smaller creditors.

2. to arrange for articles, photographs, or radio or television programmes to be sold to severa; newspapers, television stations etc:
syndicate be syndicated

• The broadcasting station asked him to put together a talk show that could be syndicated nationally.

— syndicated adjective [only before a noun] :

• The sale proceeds will be used to help the firm renegotiate its syndicated debts.

• Most stations will seek to fill the 60 minutes with syndicated programming.

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   A group of institutions responsible for issuing debt. A syndicate is formed to share the risk of an issue and split it into manageable amounts.

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Ⅰ.
syndicate UK US /ˈsɪndɪkət/ noun [C] FINANCE
► a 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(Cf. ↑Lloyd's syndicate), LOAN SYNDICATE(Cf. ↑loan syndicate), UNDERWRITING SYNDICATE(Cf. ↑underwriting syndicate)
Ⅱ.
syndicate UK US /ˈsɪndɪkeɪt/ verb [T]
► 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.


Financial and business terms. 2012.

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Look at other dictionaries:

  • Syndicate — Entwickler …   Deutsch Wikipedia

  • syndicate — syn·di·cate 1 / sin di kət/ n [French syndicat the office or jurisdiction of a syndic] 1: a group organized to carry out a particular transaction or enterprise 2: an association of organized criminals syn·di·cate 2 / sin di ˌkāt/ vb cat·ed,… …   Law dictionary

  • Syndicate — Éditeur Electronic Arts Développeur Bullfrog Concepteur Peter Molyneux (producteur)[1] Date de sortie 1 …   Wikipédia en Français

  • Syndicate — Desarrolladora(s) Bullfrog Productions Distribuidora(s) Electronic Arts Diseñador(es) Sean Cooper Peter Molyneux …   Wikipedia Español

  • Syndicate — Syndicate  серия игр в стиле киберпанк. Syndicate  игра студии Bullfrog Productions 1993 года. Syndicate: American Revolt  дополнение к игре, выпущенное 1994 году. Syndicate Wars  продолжение, выпущенное в 1996 году.… …   Википедия

  • syndicate — [sin′də kit; ] for v. [, sin′dəkāt΄] n. [Fr syndicat < syndic,SYNDIC] 1. a group or council of syndics 2. a) an association of individuals or corporations formed to carry out some financial project requiring much capital b) any group organized …   English World dictionary

  • Syndicate — Syn di*cate, v. t. [imp. & p. p. {syndicated}; p. pr. & vb. n. {syndicating}.] 1. To combine or form into, or manage as, a syndicate. [Webster 1913 Suppl.] 2. To acquire or control for or by, or to subject to the management of, a syndicate; as,… …   The Collaborative International Dictionary of English

  • Syndicate — Syn di*cate, n. [Cf. F. syndicat, LL. syndicatus.] 1. The office or jurisdiction of a syndic; a council, or body of syndics. Bp. Burnet. [1913 Webster] 2. An association of persons officially authorized to undertake some duty or to negotiate some …   The Collaborative International Dictionary of English

  • Syndicate — Syn di*cate, v. i. To unite to form a syndicate. [Webster 1913 Suppl.] …   The Collaborative International Dictionary of English

  • syndicate — ● syndicate nom masculin (américain syndicate) Agence spécialisée dans la vente de séries de bandes dessinées aux journaux du monde entier …   Encyclopédie Universelle

  • syndicate — 1620s, council or body of representatives, from Fr. syndicat, from syndic representative of a corporation (see SYNDIC (Cf. syndic)). Meaning combination of persons or companies to carry out some commercial undertaking first occurs 1865.… …   Etymology dictionary

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