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English definition of “synergy”

synergy

noun [C or U]     /ˈsɪnədʒi/ (plural synergies) (also synergism) MANAGEMENT, COMMERCE
the combined power, profits, etc. that can be achieved by two organizations or groups of people working together rather than separately: create/deliver/generate synergy The merger will help the manufacturing company achieve synergies that will allow it to remain competitive.synergy benefits/savings/targets The synergy savings of €275m targeted by the merger look modest compared with the inherited costs of the project.annual/cost/financial synergies The deal would create enhanced value for shareholders through the delivery of $500m of annual synergies. marketing/merger/operational synergies potential/significant/substantial synergies
synergistic adjective
(Definition of synergy noun from the Cambridge Business English Dictionary © Cambridge University Press)
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