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English definition of “syndicate”

syndicate

noun [C, + sing/pl verb] (GROUP)    /ˈsɪn.dɪ.kət/
a group of people or companies who join together in order to share the cost of a particular business operation for which a large amount of money is needed: A syndicate of banks is/are financing the deal.Mergers and takeoversGroups of people
(Definition of syndicate noun (GROUP) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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