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- Dictionaryconsortium/kənˈsɔːtɪəm/
noun
- 1. an association, typically of several companies.
- 2. the right of association and companionship with one's husband or wife: "the amount awarded for loss of consortium must be included"
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A consortium is an agreement, combination, or group formed to undertake an enterprise beyond the resources of any one member. Learn more about the word history, synonyms, examples, and legal definition of consortium.
CONSORTIUM definition: 1. an organization of several businesses or banks joining together as a group for a shared purpose…. Learn more.
Dec 26, 2022 · A consortium is a group of entities that collaborate to achieve a common objective, while remaining independent in their normal operations. Learn how consortiums differ from joint ventures and see examples of educational and for-profit consortiums.
noun. , plural con·sor·ti·a [k, uh, n-, sawr, -shee-, uh, -tee-, uh]. a combination of financial institutions, capitalists, etc., for carrying into effect some financial operation requiring large resources of capital. any association, partnership, or union.
A consortium is a group of people or firms who have agreed to co-operate with each other. Learn the word origin, pronunciation, synonyms, collocations, and usage of consortium in different contexts.
a group of people, countries, companies, etc. who are working together on a particular project. the Anglo-French consortium that built the Channel Tunnel. Our company forms part of a consortium of local businesses working for environmental change. Word Origin.
A consortium is a group of companies or people with the same goal who are working together to achieve that goal. Learn more about the meaning, pronunciation, and usage of consortium with examples from various sources.
