syndicate

Vocabulary Word

Definition

When you hear 'syndicate', think of a club or team. It's a group of individuals or organizations that join forces to carry out a particular task or pursue common interests.

Examples in Different Contexts

In finance, a 'syndicate' refers to a group of investors or financial institutions that come together to handle large transactions that are too big for any one of them to handle alone. A financial analyst might explain, 'We formed a syndicate with other banks to fund the multi-billion-dollar infrastructure project.'

Practice Scenarios

Public-Policy

Scenario:

Collaboration is crucial in solving global environmental problems. Higher participation from international organizations would definitely help.

Response:

A syndicate of international organizations could accelerate our efforts to combat global warming and would greatly enhance our reach and resources.

Creative

Scenario:

Ensuring wide reach for our news content without increasing costs is essential. Therefore, we should reconsider our distribution networks.

Response:

Perhaps creating a syndicate with other local newspapers could be an effective way to share our content more widely.