InvestorWords.com

A group of investment banks which jointly underwrite and distribute a new security offering, or jointly lend money to a specific borrower. A syndicate does not work together permanently, they are formed for specific deals that might be too difficult or too risky for a single underwriter or borrower to handle. also called underwriting group or purchase group or banking syndicate or investment banking syndicate or distributing syndicate.

• Understanding Stock Dividends
• Business Finance 101
• Understanding Sales Tax
• Does Dollar-Cost Averaging Work With ETFs?
• Options and Their Features
• Basics of The Value Investing Stock Strategy

Featured Advertiser