syn
di
cate
Plural
syndicates
1
a group of people or businesses who come together in order to carry out or to fund a particular business project
- The investment bank formed a syndicate of lenders to provide financing for the large-scale infrastructure project.
- The syndicate of investors pooled their resources to acquire a controlling stake in the startup company.
- The insurance syndicate underwrote the risk associated with the construction project, spreading it across multiple insurers.
- The syndicate of venture capitalists provided funding to support the expansion plans of the tech startup.
- The real estate syndicate purchased the commercial property through a joint venture, sharing both the risks and rewards of the investment.
Synonyms:
2
a loosely organized group of criminals, who coordinate activities for mutual benefit
- The city police uncovered a syndicate involved in drug trafficking.
- A syndicate of thieves planned the heist.
- Members of the syndicate met in secret to divide their profits.
- The gambling syndicate controlled several underground casinos.
- He was accused of belonging to an international crime syndicate.
Synonyms:
3
an organization that supplies articles, features, or photographs to multiple newspapers or media outlets simultaneously
- The news syndicate distributed the story to dozens of newspapers.
- Photographers sell their images through a syndicate.
- The comic strip was published nationwide via a syndicate.
- Journalists often work for syndicates to reach a wider audience.
- The newspaper subscribed to a syndicate for daily features.