syndicate
/ˈsɪndɪkeɪt/ · sin·di·cate
noun
- A group of individuals or companies formed to transact some specific business, or to promote a common interest; a self-coordinating group. The company was accused of being involved in a gambling syndicate.
noun
- The office or jurisdiction of a syndic; a body or council of syndics. The syndicate of the city council oversaw the local economy.
verb
- To become a syndicate. The rival companies decided to syndicate their efforts to compete with the market leader.
verb
- To put under the control of a group acting as a unit. The new management syndicated the company's assets to pay off debts.
verb
- To release media content through a syndicate to be broadcast or published through multiple outlets. The TV show was syndicated to over 100 countries worldwide.
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Did you know? The term 'syndicate' originated in ancient Greece, where a syndikos was a person appointed to manage the affairs of a community or estate. Today, the word is used in various contexts, from business to media.