SYNDICATE Definition

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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).

Learn new Accounting Terms

PRE-TAX INCOME/PROFIT see PROFIT BEFORE TAXES.

TCO see TOTAL COST OF OWNERSHIP.

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