Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Syndicate
n. A group organized for a common purpose; esp., an association formed to promote a common interest, carry out a particular business transaction, or (in a negative sense) organize criminal enterprises. -syndicate (sin-di-kayt), ub. - syndication (sin-di-ray-shan), n. - syndicator (sin-dikay-tar), n. See ORGANIZED CRIME.
buying syndicate
A group of investment bankers who share the risk in underwriting a securities issue.
real-estate syndicate
A group of investors who pool their money for the buying and selling of real property. ( Most real-estate syndicates operate as limited partnerships or realestate investment trusts.