A "syndicate" is a group of individuals or organizations that come together to work on a common project or goal, often for financial gain. This collaboration allows members to pool resources, share risks, and leverage each other's expertise. Syndicates are commonly found in various fields, including business, media, and finance. In the context of finance, a syndicate may involve multiple banks or investors joining forces to underwrite a large loan or issue securities. This approach helps distribute the financial risk among the members, making it easier to manage large transactions and investments, such as those related to real estate or startups.