What does "syndicate" mean?
A group of individuals or companies formed to transact some specific business, or to promote a common interest; a self-coordinating group.
noun, verb ·Common ·High school level
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"a gambling syndicate"
"Held at the estate of Mafia boss Joseph Barbara in Apalachin, NY, the meeting called by [Vito] Genovese in November 1957 brought over 100 mobsters from around the country to cement his power over the national crime syndicate."
"In the mid-1880s, Charles W[addell] Chesnutt broke into print inauspiciously as one member of the stable of writers who supplied humorous sketches and mildly sentimental or didactic squibs for S[amuel] S[idney] McClure's newspaper syndicate."
"The ſoveraintie lies in the Council of 200, and this Council chuſes out of its number 25, who are the leſſer Council; […] they are choſen by a ſort of ballet, ſo that it is not known for whom they give their votes, which is an effectual method to ſuppreſs factions and reſentments; ſince in a competition no man can know who voted for him or againſt him: yet the election is not ſo carried, but that the whole Town is in an intrigue concerning it: for ſince the being of the little Council leads one to the Sindicat, which is the chieffe honor of the State: this dignitie is courted here, with as active and ſolicitous an ambition as appears elſewhere for greater matters."
"[H]e [John Guthrie McCallum] went to Los Angeles and set up a law practice. There, with three partners and a capitalization of $100,000, they syndicated under the name Palm Valley Land and Water Company in 1887."
"When a potential transaction has been identified by a bank, the first activity is obtaining from the potential borrower a "mandate," which is the customer's exclusive authorization to a bank to act as the syndication manager for that particular transaction and to approach other financial institutions on its behalf to raise a given amount of funds. […] A mandate letter is very similar to a standard bank commitment letter, with the exception that bank managers do not guarantee to provide the credit facility, but rather only to syndicate it on a "best efforts" basis, perhaps with a certain firm commitment assumed by them representing a portion of the required syndicated financing."
"[I]nternational television format exchanges are providing a customizable alternative to syndicating existing TV series in foreign markets. Sixteen countries around the world have adapted So You Think You Can Dance, a reality dance competition that originated in the United States. Format changes range from using local judges and contestants to incorporating local dance styles into the competition."
"The prize was divided equally among the ten syndicate members."
A group of individuals or companies formed to transact some specific business, or to promote a common interest; a self-coordinating group.
Common synonyms include: consortium, pool, add, advisory body, affiliate, aktiebolag.
The prize was divided equally among the ten syndicate members.
Pronounced /ˈsɪndɪkət/.
Anglicized from French syndicat (“office of a syndic; board of syndics; trade union”) on the basis of -ate (forms nouns denoting rank or office, a group formed of people of this same office), equivalent to syndic (“syndic; representative; (especially) chief magistrate of Geneva”) + -at (“-ate”, forms nouns denoting rank or office), from Medieval Latin *syndicātus, from syndicus (“representative of a corporation or town; syndic”) (from Ancient Greek σύνδικος (súndikos, “advocate for a defendant”), from σύν (sún, “beside; with”) + δίκη (díkē, “judgment; justice”)) + -ātus (“-ate”). By surface analysis, syndic + -ate. Compare Italian sindacato (“syndicate; trade union; audit, control, supervision”), Occitan sendegat, Portuguese sindicato (“trade union”), Spanish sindicado, sindicato (“office of a syndic; syndicate; trade union”).
From the noun or French syndiquer, either on the basis of -ate (verb-forming suffix).