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GLOSSARY: Enter search term:
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Glossary Term: SYNDICATE

Definition(s) for SYNDICATE:


1. ) pertains to a group of investors that agree to participate in a round of funding for a company. Alternatively, a syndicate can refer to a group of investment banks that agree to participate in the sale of stock to the public as part of an IPO.

2. ) A group of investment bankers who together underwrite and distribute a new issue of securities or a large block of an outstanding issue.

3. ) A Group Of Names And/Or Corporate Members Underwriting Insurance Business At An Insurance Firm Through The Agency Of A Managing Agent To Which A Particular Syndicate Number Is Assigned By Or With The Authority Of The Council.


See Also:
DISTRIBUTING SYNDICATE, SYNDICATE MANAGER, UNDERWRITING SYNDICATE, SYNDICATE GROUP


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