Just call us Bond. Amortized bond.
Over 700 finance terms, Shmooped to perfection.
A group of underwriters assembled to handle jobs (issues) too big for one underwriter alone. Like the Avengers of finance. Only less cool and more nerdy. Actually, a lot of the Avengers are quite nerdy, so strike that last one. Syndicates usually consist of a lead underwriter, like Captain America, investment banks, and smaller broker/dealers.