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consortium

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noun con·sor·tium \kən-ˈsȯr-sh(ē-)əm, -ˈsȯr-tē-əm\

Simple Definition of consortium

  • : a group of people, companies, etc., that agree to work together

Full Definition of consortium

plural con·sor·tiaplay \-ˈsȯr-sh(ē-)ə, -ˈsȯr-tē-ə\ also con·sortiums

  1. 1 :  an agreement, combination, or group (as of companies) formed to undertake an enterprise beyond the resources of any one member

  2. 2 :  association, society

  3. 3 :  the legal right of one spouse to the company, affection, and assistance of and to sexual relations with the other

Examples of consortium

  1. A Japanese consortium invested millions in the technology.

  2. <a consortium for the prevention of animal cruelty>



Origin of consortium

Latin, fellowship, from consort-, consors


First Known Use: 1829



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