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'''1.'''  
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''Noun''.
''Noun''.
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'''2.'''  
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''Verb''.
''Verb''.

Revision as of 12:08, 13 May 2016

1.

Noun.

A group of lenders - often banks - acting collectively. For example to provide a larger total facility to a borrower, than any of the lenders has the capacity (or appetite) to provide individually.


2.

Verb.

To increase the number of lenders providing a facility from an initially small group, or a single lender, to become a larger syndicate of lenders.


See also