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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 meaning: 1. an organization of several businesses or banks joining together as a group for a shared purpose…. Learn more.
noun. an association of financiers, companies, etc, esp one formed for a particular purpose. law the right of husband or wife to the company, assistance, and affection of the other.
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.
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."
A consortium is a group of people or firms who have agreed to co-operate with each other.
CONSORTIUM definition: an organization consisting of several businesses or banks: . Learn more.
