A group of investment bankers underwriting and distributing a new or outstanding issue of securities of a real estate business. Alternately, a professionally managed limited partnership investing in different types of real estate.
Syndication
A method of selling property whereby a sponsor or syndicator, sells interests to investors. It may take the form of a partnership, limited partnership, tenancy in common, corporation or subchapter S corporation.
Syndicator
Sponsor of a syndicate involving people or companies buying an interest in a real estate investment or unit. The group of investors are in effect engaged in a joint venture for profit.
System
A set or arrangement of things connected or related to form a unity that will work together to perform a function.
System curve
HVAC graph showing the system pressures at different flow rates. The system is balanced by using this information so that the proper temperatures are in each area.
System ground
Grounding of the white neural wire of an electrical circuit at the service entrance into a building.
Systemic
A chemical which is absorbed directly into a plants system to either kill feeding insects on the plant, or to kill the plant itself.
Systems control
The control of indoor air pollutants through the use of mechanical means such as ventilation control or air cleaning.