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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.
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.
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.
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.
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- /
Definition of consortium noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
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 meaning: an organization consisting of several businesses or banks: . Learn more.
CONSORTIUM meaning: a group of people, companies, etc., that agree to work together
