An agreement, particularly common in financial markets, between several parties to have all transactions handled by only one partner (the metist) in order to save costs. Any profits and losses arising from the transaction are then shared between the consortium members in accordance with previously agreed contractual arrangements. – See participation business, syndicate, syndication.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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