- loan syndicate loan syndicate ➔ syndicate1
* * *loan syndicate UK US noun [C]► FINANCE a group of banks or other organizations that share the risk of a large loan: »
The lending bank may form a loan syndicate to help raise the needed funds.
Financial and business terms. 2012.
Look at other dictionaries:
loan buyback — USA Loan buybacks refer to a borrower or its affiliate (including a sponsor) buying back part of the borrower s loan from less than all of the lenders in a loan syndicate at less than par value. Loan buybacks became prevalent in the early stages… … Law dictionary
Syndicate — A group of banks that acts jointly, on a temporary basis, to loan money in a bank credit (syndicated credit) or to underwrite a new issue of bonds. The New York Times Financial Glossary * * * ▪ I. syndicate syn‧di‧cate 1 [ˈsɪndkt] noun… … Financial and business terms
syndicate — A group of banks that acts jointly, on a temporary basis, to loan money in a bank credit (syndicated credit) or to underwrite a new issue of bonds. Bloomberg Financial Dictionary * * * ▪ I. syndicate syn‧di‧cate 1 [ˈsɪndkt] noun [countable] … Financial and business terms
syndicate — syn·di·cate 1 / sin di kət/ n [French syndicat the office or jurisdiction of a syndic] 1: a group organized to carry out a particular transaction or enterprise 2: an association of organized criminals syn·di·cate 2 / sin di ˌkāt/ vb cat·ed,… … Law dictionary
loan syndication — lending by a group. The size of some loans is so large that no single financial institution would possess either the resources or the inclination to lend the entire sum on its own. In such cases a syndicate of institutions is formed to provide… … Law dictionary
syndicate — syndicatable, adj. syndication, n. n. /sin di kit/; v. /sin di kayt /, n., v., syndicated, syndicating. n. 1. a group of individuals or organizations combined or making a joint effort to undertake some specific duty or carry out specific… … Universalium
Syndicate Bank — Infobox Company company name = Syndicate Bank company company type = Public (BSE NSE) company slogan = Faithful and Friendly (English) Viswasaneeya Hitheshi (Sanskrit) foundation = Udupi, 1925 (as Canara Industrial and Banking Syndicate Limited ) … Wikipedia
Loan shark — A loan shark is a person or body that offers illegal unsecured loans at high interest rates to individuals, often backed by blackmail or threats of violence. They provide credit to those who are unwilling or unable to obtain it from more… … Wikipedia
Loan covenant — A loan covenant is a condition in a commercial loan or bond issue that requires the borrower to fulfill certain conditions or which forbids the borrower from undertaking certain actions, or which possibly restricts certain activities to… … Wikipedia
Loan syndication — Group of banks sharing a loan. See: syndicate. The New York Times Financial Glossary * * * loan syndication UK US noun [U] ► FINANCE an agreement between a group of banks to share the risk of a large loan: »A new branch of the bank has been set… … Financial and business terms