SyndicateAn association of individuals formed for the purpose of conducting a particular business; a.A syndicate is a general term describing any group that is formed to conduct some type of business. For example, a syndicate may be formed by a group of investment bankers who underwrite and distribute new issues of or blocks of outstanding issues.

Dynasty warriors unleashed guide. Syndicate definition is - a council or body of syndics. How to use syndicate in a sentence. The legal definition of Syndicate is A formal, informal or secret group of individuals or, more usually, corporations, formed to carry on a specified purpose.

Syndicates can be organized as corporations or partnerships.Newspaper or press syndicates came into existence after the Civil War. A press syndicate sells the exclusive rights to entertainment features, such as gossip and advice columns, comic strips, and serialized books, to a subscribing newspaper in each territory. These 'syndicated' features, which appear simultaneously around the United States, can generate large sums for the creators of the features and for the syndicate that sells them. Similarly, when television programs are syndicated, one station in each television market is allowed to broadcast a popular game show or rebroadcast a popular network series. A syndicated show may be televised at different times depending on the schedule of the local station.

In contrast, on network television, a program is televised nationally at one scheduled time.The term syndicate is also associated with. In the 1930s, the term crime syndicate was often used to describe a loose association of racketeers in control of organized crime throughout the United States. For example, the infamous 'Murder, Inc.' Of the 1930s, which was part of a national crime syndicate, was founded to threaten, assault, or murder designated victims for a price. A member of the crime syndicate anywhere in the United States could contract with Murder, Inc., to hire a 'hit man' to kill a person.

A joint venture among individuals and/or corporations to accomplish a particular business objective, such as the purchase, development, and sale of a tract of real property, followed by division of the profits. A joint venture, and thus a syndicate, is much like a partnership, but has a specific objective or purpose after the completion of which it will dissolve. (See: )Want to thank TFD for its existence?, add a link to this page, or visit.Link to this page: Syndicate.

Syndicated loans arise when a project requires too large a loan for a single lender or when a project needs a specialized lender with expertise in a specific asset class. Syndicating the loan allows lenders to spread risk and take part in financial opportunities that may be too large for their individual capital base. Interest rates on this type of loan can be fixed or floating, based on a rate such as the (LIBOR).

LIBOR is an average of the interest rates that major global banks borrow from each other. Syndicated loans are usually too large for a single lender to handle.

For example, the Chinese corporation Tencent Holdings Ltd., the biggest internet company in Asia and owner of popular messaging services WeChat and QQ, signed a syndicated loan deal on March 24, 2017, to raise $4.65 billion. The loan deal included commitments from a dozen banks with Citigroup Inc. Acting as the coordinator, mandated lead arranger, and, which is the lead underwriter in a new debt offering that handles the 'books.' Previously, Tencent had increased the size of another syndicated loan to $4.4 billion on June 6, 2016. That loan, used to fund company acquisitions, was underwritten by five large institutions: Citigroup Inc., Australia and New Zealand Banking Group, Bank of China, HSBC Holdings PLC, and Mizuho Financial Group Inc.

The five organizations together created a syndicated loan that encompassed a five-year facility split between a and a. A revolver is a revolving credit line, meaning the borrower can pay down the balance and borrow again.