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.
DefinitionThe 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 syndicsthe office or jurisdiction of a syndican association of persons officially authorized to undertake a duty or negotiate businessa group of persons or concerns who combine to carry out a particular transaction or projecta business concern that sells materials for publication in a number of newspapers or periodicals simultaneouslyto subject to or manage as oneto sell (something, such as a series of television programs) directly to local stations
SynonymsHere are some of the following synonyms:
cabalconspiracycrewgangMafiamobring
ExamplesHere 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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