n.The act of forming a syndicate; the condition of being owned or managed by a syndicate.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
syndication/syndicatedUnited KingdomThe term has more than one meaning depending on the context in which it is used:• In the context of a syndicated loan, the process by which one lender "sells" a portion of its debt to a syndicate of lenders, so reducing its own exposure but at the same time reducing its reward.• In the context of an issue of gilts, the appointment by the UK Government of a group of underwriters to manage and underwrite an issue of gilts. By underwriting the issue, the underwriters agree to buy the gilts should buyers not be found for the issue.+ syndication/syndicatedUSAsyndication, Also known as syndicated.In the context of a bank loan, the process whereby a small number of arrangers (typically not more than four) divide up a loan among a group of lenders, with each lender being severally liable (several liability) to fund only its pro rata share of the loan. If the loan is syndicated before it is funded, the commitments are allocated to the lenders in the syndicate. If the syndication takes place after the loan is funded, portions of the outstanding loan and any related commitments are sold (by assignment) to the lenders in the syndicate.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
Look at other dictionaries:
Syndication — may mean:* Television syndication, where individual stations buy programs outside of the network system * Print syndication, where individual newspapers or magazines license news articles, columns, or comic strips ** Comic strip syndication * Web … Wikipedia
Syndication — Syn di*ca tion, n. Act or process of syndicating or forming a syndicate. [Webster 1913 Suppl.] … The Collaborative International Dictionary of English
syndication — ● syndication nom féminin Regroupement de banques pour la réalisation d une ou plusieurs opérations financières … Encyclopédie Universelle
Syndication — Pour la syndication sur Internet, voir syndication de contenu. Syndication est un mot anglais qui désigne la pratique consistant à vendre le droit de reproduire un contenu ou de diffuser un programme à plusieurs diffuseurs. Le système de la… … Wikipédia en Français
syndication — An arrangement in which two or more banks lend directly to the same borrower pursuant to one loan agreement. Each bank in the syndicate is a party to the loan agreement and may receive a note from the borrower evidencing the debt. Banks involved… … Financial and business terms
Syndication — Unter Content Syndication wird die Mehrfachverwendung von Inhalten verstanden. Verschiedene Formen der Content Syndication können nach den unterschiedlichen eingesetzten Medien kategorisiert werden. WWW Im WWW wird unter Content Syndication die… … Deutsch Wikipedia
syndication — syndicate ► NOUN 1) a group of individuals or organizations combined to promote a common interest. 2) an agency supplying material simultaneously to a number of news media. ► VERB 1) control or manage by a syndicate. 2) publish or broadcast… … English terms dictionary
syndication — noun 1. organizing into or administering as a syndicate • Derivationally related forms: ↑syndicate • Hypernyms: ↑organization, ↑organisation 2. selling (an article or cartoon) for publication in many magazines or newspapers at the same time he… … Useful english dictionary
syndication — noun see syndicate II … New Collegiate Dictionary
syndication — See syndicate. * * * … Universalium