"Synthetic Shares" just sounds like a fancy way of saying you have a loan on the books. Its like if I loan you money and saying now I have "Synthetic Money" in

"Synthetic Shares" just sounds like a fancy way of saying you have a loan on the books. Its like if I loan you money and saying now I have "Synthetic Money" in the form of the loan you owe me. Money people seem to love to make up new terminology to obfuscate the meaning.