Syndicate \Syn"di*cate\, n. [Cf. F. syndicat, LL. syndicatus.]
1. The office or jurisdiction of a syndic; a council, or body
of syndics. --Bp. Burnet.
2. 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.
Source: Webster's Revised Unabridged Dictionary (1913) |