syndicate

Intermediate 💼 Corporate / Business

Definition

A fancy word for a group of businesses or individuals who band together to pull off something too big or risky for one entity alone—think organized collaboration with a whiff of organized crime energy. In media, it's how your local newspaper gets that comic strip; in business, it's how deals get done when no one wants to go it alone.

Example Usage

The investment syndicate pooled their resources to acquire the property, because apparently billionaires also believe in the buddy system.

Source: Business terminology via dictionary

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