What Is Syndicate? Definition And Usage Of This Term
WHAT IS SYNDICATE – In this topic, we are going to know and learn the definition of this term and how is this term used in sentences.
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Definition
The Oxford Dictionary defines the term as the following:
- a group of individuals or organizations combined to promote some common interest.
- an association or agency supplying material simultaneously to a number of newspapers or periodicals.
- a committee of syndics.
- publish or broadcast (material) simultaneously in a number of newspapers, television stations, etc.
Meanwhile, the Merriam-Webster dictionary defines this term as the following:
- a council or body of syndics
- the office or jurisdiction of a syndic
- an association of persons officially authorized to undertake a duty or negotiate business
- a group of persons or concerns who combine to carry out a particular transaction or project
- a business concern that sells materials for publication in a number of newspapers or periodicals simultaneously
- to subject to or manage as one
- to sell (something, such as a series of television programs) directly to local stations
Synonyms
Here are some of the following synonyms:
- cabal
- conspiracy
- crew
- gang
- Mafia
- mob
- ring
Examples
Here are some examples of the usage of this term:
- Again, dealers sometimes try to create corners and form powerful syndicates for that purpose: the dealing syndicate of late years has become a force to be reckoned with.
- These were successful in France, the Imperial Ottoman Bank group agreeing to undertake 30% of the finance without, however, any countenance from the French government – the ” Glarus Syndicate ” being formed for apportioning interests.
- In 1897 he went to Australia as mining engineer for an English syndicate and developed successful mines.
- There are in addition some pearling grounds in the Mergui Archipelago, which have a very recent history; they were practically unknown before 1890; in the early ‘nineties they were worked by Australian adventurers, most of whom have since departed; and now they are leased in blocks to a syndicate of Chinamen, who grant sub-leases to individual adventurers at the rate of £25 a pump for the pearling year.
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