consortium

noun
UK: /kənˈsɔː.ti.əm/
US: /kənˈsɔːr.ʃi.əm/

  1. An organization of companies or institutions.

    1. The consortium helps companies grow fast.
    2. The university is part of a consortium that promotes research and development.

  2. A group of companies working together for a particular purpose.

    1. Our consortium will bid for the contract.
    2. Several banks formed a consortium to finance the large project near downtown.

Synonyms

federation alliance group syndicate association
consortium verb

  1. To form a consortium, often for a specific project or purpose.

    1. The companies will consortium to build the highway.
    2. They decided to consortium in order to secure the lucrative government contract.

Frequently Asked Questions

The word "consortium" in English means: An organization of companies or institutions., A group of companies working together for a particular purpose..

The phonetic transcription of "consortium" is /kənˈsɔː.ti.əm/ in British English and /kənˈsɔːr.ʃi.əm/ in American English. Click the 🔊 button to hear both pronunciations.

Synonyms for "consortium": federation, alliance, group, syndicate, association.

Example usage of "consortium": "The consortium helps companies grow fast.". More examples on the page.