The financial definition for Underwriting syndicate:
A group of investment
banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter. See also: Lead underwriter.
Similar Matches
All or none underwriting
All or none underwriting An arrangement whereby a security issue is cancelled if the underwriter is unable to resell
the entire issue.
Firm commitment underwriting
Firm commitment underwriting An underwriting in which an investment banking firm commits to buy and sell an entire issue of stock and assumes all financial responsibility for any unsold shares.
Negotiated underwriting
Negotiated underwriting A securities offering process in which the purchase price paid to the issuer and the public offering price are determined by negotiation rather than through competitive bidding.