Business, Legal & Accounting Glossary
1. A group of investment banks which jointly underwrite and distribute a new security offering, or jointly lend money to a specific borrower. A banking syndicate is not a permanent entity, but forms specifically to handle a deal that might be too difficult or too risky for a single underwriter or borrower to handle. also called underwriting group or purchase group or banking syndicate or investment banking syndicate or distributing syndicate. 2. A group of investors who act together when investing in a company.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Banking Syndicate are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.