syndicates

A syndicate is a group of individuals or organizations that collaborate to share resources, expertise, or risks for a common purpose. This collective effort allows them to undertake larger projects or investments than they could manage alone. Common examples include loan syndicates, where lenders share the risk of lending large amounts of money, and media syndicates, which distribute content across multiple outlets. By pooling their strengths, syndicates improve efficiency, reduce individual exposure, and increase their competitive advantage in achieving shared goals.