syn·di·cate 1 /'sin-di-kət/ n [French syndicat the office or jurisdiction of a syndic]
1: a group organized to carry out a particular transaction or enterprise
2: an association of organized criminals
syn·di·cate 2 /'sin-di-ˌkāt/ vb -cat·ed, -cat·ing
vt: to form or manage as or through a syndicate
a syndicated tax shelter
vi: to unite to form a syndicate
syn·di·ca·tion /ˌsin-di-'kā-shən/ n
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.