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Meaning of “debt syndication” in the English Dictionary

"debt syndication" in Business English

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debt syndicationnoun [U]

uk   us  
BANKING, FINANCE a financial arrangement in which the cost of lending a large sum of money is shared by a number of different banks, investment firms, etc.: We are an advisory firm which specializes in offering private equity and debt syndication services to entrepreneurs, corporates and investors.
(Definition of debt syndication from the Cambridge Business English Dictionary © Cambridge University Press)
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