syndicate
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syndicate
An association of companies or banks formed to carry out a large joint business deal that would be too extensive for a single party.
Ein Bankensyndikat hat die Finanzierung des neuen Flughafens übernommen.
A banking syndicate took over the financing of the new airport.
You can recognize the meaning of 'Syndikat' (syndicate) from the context. Words like 'Banken' (banks), 'Unternehmen' (companies), or 'Finanzierung' (financing) point to a legal business association. Words like 'Drogen' (drugs), 'Waffen' (weapons), 'kriminell' (criminal), or 'Polizei' (police) indicate a criminal organization.
Ein Syndikat aus mehreren Verlagen bringt die neue Buchreihe heraus.
A syndicate of several publishing houses is bringing out the new book series.
In a business context, a syndicate is often 'gegründet' (founded) or 'gebildet' (formed). A very common combination is 'Bankensyndikat' (banking syndicate), which grants large loans.
Mehrere Firmen haben ein Syndikat gebildet, um das Großprojekt zu realisieren.
Several companies formed a syndicate to carry out the major project.
The meaning as a criminal organization is especially common in news reports, crime novels, and films. Typical verbs in this context are 'ermitteln gegen' (to investigate), 'zerschlagen' (to break up), or 'anführen' (to lead).
Der Film handelt von einem Agenten, der ein mächtiges Syndikat bekämpft.
The film is about an agent who fights a powerful syndicate.
ring
'der Ring' and 'das Syndikat' can both mean an organized group. With 'Ring', people often think of a secret or illegal group of people, for example 'ein Betrugsring' (a fraud ring). 'Syndikat' sounds more like a fixed organization. It can mean a criminal organization, but also a business association of companies or banks. The words can be confused because both occur in the context of organized crime. 'Ring' fits more for a group of offenders with a specific purpose, while 'Syndikat' fits more for a larger, structured organization.
Das Syndikat kontrollierte mehrere illegale Spielhallen in der Region.
The syndicate controlled several illegal gambling halls in the region.
Ein Ring von Betrügern verkaufte falsche Eintrittskarten im Internet.
A ring of fraudsters sold fake tickets online.