Also found in: Dictionary, Thesaurus, Legal, Financial, Acronyms, Wikipedia.


1. an association of business enterprises or individuals organized to undertake a joint project requiring considerable capital
2. any association formed to carry out an enterprise or enterprises of common interest to its members
3. a board of syndics or the office of syndic
4. (in Italy under the Fascists) a local organization of employers or employees



(1) One form of monopolistic, cartel-type agreement, aimed at establishing control over the market primarily of a single, mass-produced product and made for the purpose of eliminating competition between monopolies in the marketing and purchasing of raw materials and, thus, for the purpose of obtaining the greatest profit (seeCARTEL). Syndicate members sell their products and purchase their raw materials through a single sales office. The sales office receives all orders and distributes them in accordance with the quotas agreed upon by the monopolies, which deliver their commodities to the office at a price previously agreed on. Syndicate members maintain their independence as far as production and legal status are concerned; in contrast to a cartel, however, they lose their commercial independence.

Syndicates flourished in the early 20th century until World War II in Germany, France, and other countries, mostly in the extractive industries. Interwar Germany had several hundred syndicates, the largest being the Rhine-Westphalia Coal Syndicate and the German Potash Syndicate. Prerevolutionary Russia also had syndicates, such as Prodamet (metallurgy), Produ-gol’ (Donets Basin coal), and Med’ (copper), which controlled the marketing of as much as 90 percent of production in the corresponding branches of industry.

Syndicates, as a form of monopolistic agreement within a given branch of industry, have lost their former importance. Antitrust laws have limited horizontal concentration, that is, concentration within a given branch of industry, and high levels of monopolization prevail in most such branches; thus, other, more flexible forms of monopolistic agreement have come into use (seeCAPITALIST MONOPOLIES).

(2) In the USSR, during the period of the New Economic Policy, a type of economic organization that combined a group of industrial trusts for the wholesale marketing of production, the purchasing of raw materials, and the planning of trade operations. The first Soviet syndicate—the All-Union Textile Syndicate—was created in 1922; in the period 1922–28 a total of 23 syndicates were in operation. Syndicates were eliminated in 1929 and 1930.


Lenin, V. I. Imperializm, kak vysshaia stadiia kapitalizma. In Poln. sobr. soch., 5th ed., vol. 27.
Hilferding, R. Finansovyi kapital. Moscow, 1959. (Translated from German.)
Motylev, V. E. Finansovyi kapital i ego organizatsionnye formy. Moscow, 1959.
Khmel’nitskaia, E. L. Ocherki sovremennoi monopolii. Moscow, 1971.



organized crime unit throughout major cities of the United States. [Am. Hist.: NCE, 2018]
References in periodicals archive ?
Citing the constitution and previous court verdicts, Khaled El-Balshy, deputy head of the syndicate and a prominent protester in defence of press freedom, asserted the illegitimacy of the procedure.
The following is a list of 11 syndicates that have petitioned for withdrawal:
He said the Syndicate General Assembly is compromised of 1,500 journalists and any ten or even thirty journalists can express their views.
The amusingly titled Come Home Sober syndicate saw their charge, Maal, finish third to Bravely Fought at Cork, while the Philip Rothwell-trained Katiemarie took third in the Greville Arms Hotel Handicap Hurdle at Kilbeggan for the River Syndicate.
Beirut lawyers syndicate reminded that it has denounced more than once the attacks by internal security forces on others and this raises a question if people should ask the protection from these security forces who are supposed to protect others and uphold law and order.
Some syndicate executives say the present time is tougher than usual for newspapers.
Some African American booksellers are reluctant to carry this Syndicate Media line.
The distrust of these associations was so strong that it had a negative effect on other voluntary associations: livestock insurance societies stood their best chance of survival in communes without anti-phylloxera syndicates.
Kathie Kerr, director of communications of Universal Press Syndicate, one of the eight major comic strip industry leaders, says that her company was interested in The Boondocks because "the editors were blown away by the artwork.
Your Triple Chance Lottery ticket makes you a member of a syndicate with other Record readers and gives you three chances to get lucky on the lottery.
This has been the substance of many lawsuits, including one by 3,000 plaintiffs against a syndicate called Gooda Walker for a claim of $1.

Full browser ?