A Syndicate is a self-organising group of individuals, companies or criminals formed to transact some specific business, or to promote a common interest or in the case of criminals, to engage in organized crime.
The word syndicate comes from the French French is a Romance language spoken as a first language by about 136 million people worldwide. Around 190 million people speak French as a second language, and an additional 200 million speak it as an acquired foreign language. French speaking communities are present in 57 countries and territories. Most native speakers of the language live in word syndicat which means trade union A trade union or labor union (American English) is an organization of workers who have banded together to achieve common goals such as better working conditions. The trade union, through its leadership, bargains with the employer on behalf of union members (rank and file members) and negotiates labor contracts (collective bargaining) with (syndic meaning administrator), from the Latin Latin or sometimes Roman is an Italic language originally spoken in Latium and Ancient Rome. Although often considered a dead language, in view of the fact that it has no native, fluent speakers, Latin continues to be taught in schools and has been, and currently is, used in the process of new word production in modern languages from many word syndicus which in turn comes from the Greek Greek , an independent branch of the Indo-European family of languages, is the language of the Greeks. Native to the southern Balkans, it has the longest documented history of any Indo-European language, spanning 34 centuries of written records. In its ancient form, it is the language of classical ancient Greek literature and the New Testament of word σύνδικος (syndikos) which means caretaker of an issue, compare to ombudsman An ombudsman is a person who acts as a trusted intermediary between an organization and some internal or external constituency while representing the broad scope of constituent interests. An indigenous Danish, Norwegian, and Swedish term, Ombudsman is etymologically rooted in the Old Norse word umbuðsmann, essentially meaning "representative& or representative In politics, representation describes how political power is alienated from most of the members of a group and vested, for a certain time period, in the hands of a small subset of the members. Representation usually refers to representative democracies, where elected officials nominally speak for their constituents in the legislature. Generally,.
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Crime syndicates
Crime syndicates are criminal organizations Organized crime or criminal organizations is a transnational grouping of highly centralized enterprises run by criminals for the purpose of engaging in illegal activity, most commonly for the purpose of generating a monetary profit. The Organized Crime Control Act defines organized crime as "The unlawful activities of [...] a highly organized, 'running common businesses'.
Media
In media, syndicates are organizations by name and credit.
Finance
In finance, a group of banks lending, for a specific purpose and to one single borrower A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower, a - mostly large - amount of money is referred to as a bank syndicate or often only as a syndicate.
In investment banking An investment bank is a financial institution that assists corporations and governments in raising capital by underwriting and acting as the agent in the issuance of securities. An investment bank also assists companies involved in mergers and acquisitions, divestitures, etc. Further to provide ancillary services such as market making and the, refers to a group of investment banks that share underwriting Underwriting refers to the process that a large financial service provider uses to assess the eligibility of a customer to receive their products (equity capital, insurance, mortgage, or credit). The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea risk in respect to an issuer's securities. Referred to as the underwriting syndicate.
Worker-managed enterprise
Anarchists, syndicalists and other libertarian socialists Libertarian socialism is a group of political philosophies that aspire to create a society without political, economic, or social hierarchies, i.e. a society in which all violent or coercive institutions would be dissolved (or at least drastically reduced in scope), and in their place every person would have free, equal access to the tools of use the word "syndicate" to refer to an enterprise democratically managed by its workers. Such an enterprise is governed by a face-to-face meeting of everyone who works there, in which each worker has one vote. Either there are no managers, or the managers are democratically elected and recallable. In either case, the most important decisions are made collectively by the whole workforce. This is known as workers' self-management Worker self-management is a form of workplace decision-making in which the workers themselves agree on choices (for issues like customer care, general production methods, scheduling, division of labour etc.) instead of an owner or traditional supervisor telling workers what to do, how to do it and where to do it. Examples of such self-management.
Lottery syndicate
People sometimes play the lottery in a syndicate to increase their chances of winning.
The first online syndicate manager began in 2001, trading as http://gluto.com, and today administers numerous EuroMillions Lottery syndicates. The company also created analytical tools for lottery players, called Lotto Insights.
The World's first commercial multi-lottery system, commenced in 2009 in the United Kingdom,trading as http://www.lovemylotto.com and owned by a UK company, The Jackpot Store Limited.This innovative idea was the brainchild of John. S. Wiley and developed by him and a business partner Brent Harding.
http://catchalotto.co.uk is the first online lottery syndicate manager allowing people to form syndicates for the UK National Lottery LOTTO game. Catchalotto developed a filtering system Lottorino, a tool that analyses a lotto combination for patterns.
Categories: Etymology Categories: Historical linguistics | Words | Lexicology
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... raided 11 homes in Lake Wales and Frostproof in an attack on an international methamphetamine syndicate that had centered its operation on the Ridge. ...
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