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1. : an agreement, combination, or group (as of companies) formed to undertake an enterprise beyond the resources of any one member. A consortium of researchers decoded the honeybee genome. 2. : association, society. 3. : the legal right of one spouse to the company, affection, and assistance of and to sexual relations with the other. Synonyms.
CONSORTIUM definition: 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 consortium ( pl. consortiums or consortia) is an association of two or more individuals, companies, organizations, or governments (or any combination of these entities) with the objective of participating in a common activity or pooling their resources for achieving a common goal.
Definition of consortium noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
A consortium is a group of people or firms who have agreed to co-operate with each other. The consortium includes some of the biggest building contractors in the country. American English : consortium / kənˈsɔrʃiəm, -ti- /
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.
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.
an organization of several businesses or banks joining together as a group for a shared purpose: consortium of a consortium of textile manufacturers. Compare. syndicate noun. SMART Vocabulary: related words and phrases. Enterprises. acquiree. acquirer. acquiror. agency. agribusiness. answering service. clicks and mortar idiom. conglomerate. est.
CONSORTIUM meaning: an organization consisting of several businesses or banks: . Learn more.
