ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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SYNDICATE is a group of investment bankers or banks that acts jointly, on a temporary basis, to, in the case of investment bankers, sell securities or to underwrite a new issue of bonds (syndicated capital), or, for the bank syndicate to loan money in a bank credit (syndicated credit).
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WORK IN PROCESS is parts and subassemblies in the process of becoming completed finished goods.
AUTHORIZATION OF STOCK is the provision in a corporate charter giving permission to issue stock.