Syndicate - Definition - Law Dictionary Home Dictionary Definition syndicate

Definition :

Syndicate. A body of persons taking part jointly in some venture or undertaking; commercially, a body of persons associated temporarily for the purpose of buying a private business or other property and selling it at a profit-usually to a limited company. Private companies formed to carryout and complete some pending operation or transaction, or some contemplated operation or transaction, are commonly called Syndicates, Palmer's Co. Prec., pt. I.