Syndication refers to a group of individuals or business entities working together to achieve a set goal(s). In business, the goals vary. The most common goal is to acquire capital and use the combined power of the group in exercising that capital for a better than average rate of return.
Initial Public Offering (IPO) is the process whereby a regional company that is not publicly traded enters the stock market. The company must comply with Securities and Exchange Commission regulations and the stock must be traded in one of the multiple markets.