Syndicate Legal Meaning and Definition

Here is a simplified definition of the legal term Syndicate.

Syndicate (noun): A group of individuals or organizations combined to promote some common interest. Syndicates often exist within business or media communities, where they undertake joint ventures, or collaborations, to achieve common goals. A syndicate can also refer to an undesirable alliance of criminals. Once their intended aims are accomplished, these coalitions may disband.