syndicate
/ˈsɪndɪkeɪt/Definitions
1. noun
An association of individuals or companies for the purpose of promoting and regulating a particular industry or profession; a cartel or trust.
“The government accused the oil syndicate of price-fixing.”
2. verb
To associate or join together in a syndicate, especially for a particular purpose or industry.
“The investors decided to syndicate the new project to raise more funds.”
3. verb
To provide financial support or backing for a project or venture, especially in the form of a loan or investment.
“The bank syndicated the loan to multiple investors to share the risk.”