A group of persons or legal entities who come together to carry out a particular activity are more commonly referred to as a d. syndicate.
A syndicate is a self-organizing group of individuals, firms, corporations, or corporations formed to do a particular undertaking or to pursue or promote a common interest.
Syndicates are typically made up of companies in the same industry. For example, two pharmaceutical companies can combine their research and development (R&D) teams by forming a syndicate to develop new drugs. Alternatively, multiple real estate companies can form a consortium to manage large developments.
1 A group of individuals or organizations united for a common interest. “Major Acquisitions Involving Consortiums of Financial Institutions” “Criminal Consortiums”
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