Syndication
Syndication is the process of selling ownership rights to a particular product or group of products. In the world of business, syndication is the issuing of interests in a partnership that owns rights to certain investment products such as oil, gas and real estate. Partnerships are identified under IRS code section 761(a) as being “any organization through or by means of which any business, financial operation, or venture is carried on which is not a corporation, trust or estate.” Partnerships occur where an agreement exists between two or more people or entities to carry on some type of business venture.
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