This is the 11697th most frequent German word.
syndicate
A group or organization formed to undertake a joint business or project.
Here, 'Syndikat' is used in its primary sense, referring to a coalition or association of entities, typically businesses or organizations.
Das Syndikat in unserer Stadt besteht aus mehreren lokalen Unternehmen.
The syndicate in our town consists of several local companies.
In this sentence, 'Syndikat' refers to an organized group involved in illicit activities, showcasing its use in a negative context.
Ein kriminelles Syndikat wurde von der Polizei aufgedeckt.
A criminal syndicate was uncovered by the police.
This highlights 'Syndikat' describing a group of banks or institutions working together on financial endeavors.