Consortium
Definition, Meaning & Examples
Pronunciation /kənˈsɔː(ɹ).ʃəm/ · Part of speech noun
Quick meaning: Consortium is a noun meaning An association or combination of businesses, financial institutions, or investors, for the purpose of engaging in a joint venture.
Meaning
An association or combination of businesses, financial institutions, or investors, for the purpose of engaging in a joint venture.
More Meanings
- A similar arrangement among non-commercial institutions or organizations.
- An association or society.
- (law) The right of a spouse to all the normal relationships with his or her mate.
- (biology) A group of symbiotic microbes.
Example Sentences
We wanted to share that kind thought with you because today, November 13, is "World Kindness Day" — created back in 1998 by a consortium of kindhearted charities.
Word Forms
- consortia
- consortiums
Synonyms for consortium
Depending on context, synonyms include coalition, alliance, syndicate, pool.
Related Words
Related dictionary entries include syndicate, pool, chaebol, coalition, partnership, joint.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.