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Consortium definition: a combination of financial institutions, capitalists, etc., for carrying into effect some financial operation requiring large resources of capital..
The meaning of CONSORTIUM is an agreement, combination, or group (as of companies) formed to undertake an enterprise beyond the resources of any one member. How to use consortium in a sentence.
Consortium is a fancy word for a group you form for an enterprise beyond what any one member could do alone. ... which means "to accompany or associate."
Even entities from different countries can get together and form consortia. Members might be people, companies, or organizations. Members may also be governments. ‘Consortium’ is Latin for ‘partnership, association,’ or ‘society.’ The word derives from the Latin word ‘Consors,’ which means ‘partner.’ Consortium in the travel ...
consortium, n. meanings, etymology, pronunciation and more in the Oxford English Dictionary
3 meanings: → See consortium 1. an association of financiers, companies, etc, esp one formed for a particular purpose 2. law.... Click for more definitions.
Definition of consortium noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
