It comes from the French word Syndicat which translates to "Administrator" or "Representative",

In modern times it usually means an association of racketeers in organized crime.

It may refer to a business concern that sells materials for publication (newspaper, radio, TV, internet) in several outlets simultaneously or a group of newspapers under one management.

Types of Syndicates known

Labour Syndicates:

A syndicate, labor syndicate, or worker's syndicate can also mean a trade union

Crime Syndicates:

Crime syndicates are formed to coordinate, promote, and engage in organized crime, running common illegal businesses on a subnational, national, or international scale.

Media Syndicates:

In media, syndicates are organizations by name and credit. A news ticker, residing in the lower third of the television screen image, usually shows syndicated news stories.

Business Syndicates:

A group is formed of several business entities, like companies or corporations, which share common interests in a market but usually are not direct competitors. Larger companies or corporations form syndicates to strengthen their position in the market.

Sales Syndicates:

A sales syndicate is a cartel with a joint sales agency. Such combinations were widespread before the Second World War. The organizational merger of the sales departments of the individual enterprises caused an increased dependence of the cartel members on the cartel administration.

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