Definition, Meaning & Synonyms
consortium
noun
/kənˈsɔːrtiəm/
Definition
A consortium is an association of two or more individuals or groups, often formed for a specific purpose, such as a joint venture, project, or research.
Examples
- The universities formed a consortium to enhance research capabilities.
- A consortium of banks financed the new infrastructure project.
- The film was produced by a consortium of independent filmmakers.
Meaning
The term refers to a group that collaborates, pooling resources or expertise to achieve common goals.
Synonyms
- association
- coalition
- partnership
- alliance
