banking syndicate; consortium
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesnoun
banking syndicate; consortium; banking pool
formalA technical financial term for a group of banks that jointly fund large projects or loans to spread risk among participants.
Tā他
men们
qiān签
shǔ署
le了
yī一
fèn份
yín银
tuán团
dài贷
kuǎn款
xié协
yì议
。
They signed a syndicated loan agreement.
Shí十
wǔ五
jiā家
zhōng中
wài外
yín银
háng行
zǔ组
chéng成
yín银
tuán团
，
wèi为
gāi该
xiàng项
mù目
tí提
gōng供
róng融
zī资
。
Fifteen Chinese and foreign banks formed a syndicate to provide financing for the project.
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Yín银
tuán团
chéng承
xiāo销
kě可
yǐ以
jiàng降
dī低
dān单
yī一
yín银
háng行
de的
fēng风
xiǎn险
。
Syndicated underwriting can reduce the risk for any single bank.