Syndicates
/ˈsɪndɪkəts/
Definitions
- (n.) Groups of individuals or organizations combined to carry out a specific financial or business transaction, often a loan, investment, or insurance underwriting.
The bank formed a syndicate with others to finance the large construction project.
- (n.) Organized groups engaged in criminal activities, such as racketeering or illicit trade.
The police investigated the syndicate involved in the illegal drug trade.
Forms
- syndicate (singular)
Related terms
See also
Commentary
Typically used in finance and criminal law contexts; distinguish between legitimate business syndicates and criminal syndicates.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.