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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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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 is a Latin word meaning "partnership", "association", or "society", and derives from consors ("shared in property"), itself from con-("together") and sors ("fate"). Examples [ edit ] Educational [ edit ]
Dec 26, 2022 · What Is a Consortium? A consortium is a group made up of two or more individuals, companies, or governments that work together to achieving a common objective.
CONSORTIUM meaning: 1. an organization of several businesses or banks joining together as a group for a shared purpose…. Learn more.
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.
Consortium definition: a combination of financial institutions, capitalists, etc., for carrying into effect some financial operation requiring large resources of capital.. See examples of CONSORTIUM used in a sentence.
CONSORTIUM meaning: an organization consisting of several businesses or banks: . Learn more.
Consortium is a fancy word for a group you form for an enterprise beyond what any one member could do alone. All the grocery stores in your neighborhood might form a consortium for the promotion of local strawberries. Consortium comes from the verb consort, which means "to accompany or associate."
What does the noun consortium mean? There are three meanings listed in OED's entry for the noun consortium . See ‘Meaning & use’ for definitions, usage, and quotation evidence.
