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English definition of “syndication”

syndication

noun [C or U]     /ˌsɪndɪˈkeɪʃən/
FINANCE an arrangement between several financial organizations to share the investment risk of providing a large loan: The Bank of America led syndication of a $150 million loan to the project.
COMMUNICATIONS, COMMERCE the selling of television programmes, newspaper articles, etc. to companies around the world so that they can be shown or published in several different places: syndication deal/revenue/rights The company is looking for syndication deals to run services on the mobile TV market. The entertainment company's net income rose 13% last year due to the growth in syndication of its television shows.
(Definition of syndication noun from the Cambridge Business English Dictionary © Cambridge University Press)
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