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What does "Syndicate" mean?

Definition

(n.) An association of persons officially authorized to undertake some duty or to negotiate some business; also, an association of persons who combine to carry out, on their own account, a financial or industrial project; as, a syndicate of bankers formed to take up and dispose of an entire issue of government bonds (n.) The office or jurisdiction of a syndic; a council, or body of syndics (v. t.) To judge; to censure


Synonyms pool, consortium, mob


Example: "The banks syndicated"


Word Family syndicated, syndicates, syndicating, syndication, syndications