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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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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 definition: 1. an organization of several businesses or banks joining together as a group for a shared purpose…. Learn more.
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.
Dec 4, 2020 · The Consortium was renamed from the previous Australia-Canada-Singapore-Switzerland Consortium (ACSS) in October 2020, with the introduction of its newest consortium member, the U.K. Medicines and Healthcare products Regulatory Authority (MHRA).
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.
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 meaning: a group of people, companies, etc., that agree to work together
CONSORTIUM meaning: an organization consisting of several businesses or banks: . Learn more.
