consortium
56
6.7
- noun
- /kənˈsɔːrtiəm/
- The construction of the bridge was completed by a consortium of international engineering firms.
- a research consortium
- an international consortium
- a national consortium
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Watch on YouTubeActually what the term refers to is when a industry consortium regulates itself.
- Actually what the term refers to is when a industry consortium regulates itself.
- And so IBM is now formed a consortium with a number of people, including CERN.
- Now, it is worth mentioning that YouTube is part of a consortium.
- And the Bechtel Corporation put together a big consortium.
- It's hate to say that the Compute Express Link or CXL Consortium has become too big to ignore at this point.
- And the Worker Rights Consortium is trying to keep up and keep track of actual commitments.
- And URENCO is an acronym for the Uranium Enrichment Corporation, and it's a consortium of the Dutch, the British and the Germans.
- We started a consortium called Things That Think and this was around the birth of Internet of Things and RFID.
- He owns GB News or his part of his The Garden Consortium owns GB News.
Examples
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But as I told you, these decisions are reached at consortium level, not at my desk.
Fiction book (2001) -
So the Human Cell Atlas is a international consortium that is trying to chart all cells in the human body.
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But some are run by a consortium of the commercial banks.
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I just need to put together a consortium of investors.
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So I simply made sure the Japanese consortium received the systems integration contract.
Fiction book (1997) -
The three men in expensive suits represented a consortium of American business concerns.
Fiction book (1996) -
I'm coming in with a consortium of Chinese investors, and hopefully we'll be in and out before the word hits the street.
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The purchase of the department store by the consortium filled us with uneasiness and secret hope.
Fiction book (1993) -
The money is generously being supplied by a consortium of American newspapers and Mr. John D. Rockefeller, Jr.
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Recently, CP arranged for a $60 million 5-year revolving credit loan through a consortium of Japanese banks.
Academic text (1990)
Synonyms
567
4.0
A formal agreement between countries or groups to work together
469
4.3
A group of people or organizations that join together to work for the same goal
325
2.7
A relationship where people or groups work together to reach a shared goal
228
3.4
A group of people or companies who share resources for a common goal
32
6.0
A group of independent countries or organizations that join for a common purpose
6
3.4
A group of people or organizations that join to reach a common goal
3
5.9
A group of companies that work together on one business project
How Formal
Surface Forms
Morphology
consortium = consort (semi-transparent) = consort + ium
The noun is clearly related to 'consort' (partner), but it is a Latin-derived institutional noun formed with a non-productive suffix '-ium', so the exact institutional meaning ('an association of organisations') is not fully predictable for all learners.
Etymology
The word consortium comes from the Latin parts con- meaning 'together' and sors meaning 'share' or 'lot', so it originally meant people who 'share' their fate or resources. That's why a consortium today is a group of companies or organizations that join together to work on a project.