Search results
- 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"
Powered by Oxford Dictionaries
CONSORTIUM definition: 1. an organization of several businesses or banks joining together as a group for a shared purpose…. Learn more.
The meaning of CONSORTIUM is an agreement, combination, or group (as of companies) formed to undertake an enterprise beyond the resources of any one member. How to use consortium in a sentence.
CONSORTIUM meaning: 1. an organization of several businesses or banks joining together as a group for a shared purpose…. Learn more.
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 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 people or firms who have agreed to co-operate with each other.
1. a. An association or a combination, as of businesses, financial institutions, or investors, for the purpose of engaging in a joint venture. b. A cooperative arrangement among groups or institutions: a library consortium. 2. An association or society. 3.
