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Finance Glossary

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.