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syndicate 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
[sin-di-kāt] vb -cat·ed
: to form or manage as or through a syndicate [a syndicated tax shelter]
: to unite to form a syndicate
syn·di·ca·tion [sin-di-kā-shən]

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.