syndication
C1CEFR level
75/100Rarity: rare
TechnicalRegister
Law noun
The arrangement of a large loan provided jointly by a group of lenders sharing the risk.
The acquisition finance was raised through the syndication of a term loan among a dozen banks.
Business noun
The arrangement of a large loan by a group of lenders who share the funding and the associated risk.
The syndication of the billion-dollar facility spread the exposure across a dozen banks.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
Get words like syndication on your lock screen, a few a day, with review that makes them stick.
Download on the App Store Lexfall puts a new word on your home and lock screen through widgets, so you learn without opening an app. Free to download. After a free trial, a subscription unlocks every field. Built for iPhone, iOS 15.1 or later.
On a computer?Scan with your iPhone camera.