consortium

noun

con·​sor·​tium kən-ˈsȯr-sh(ē-)əm How to pronounce consortium (audio)
-ˈsȯr-tē-əm
plural consortia kən-ˈsȯr-sh(ē-)ə How to pronounce consortium (audio)
-ˈsȯr-tē-ə
also consortiums
1
: an agreement, combination, or group (as of companies) formed to undertake an enterprise beyond the resources of any one member
A consortium of researchers decoded the honeybee genome.
2
3
: the legal right of one spouse to the company, affection, and assistance of and to sexual relations with the other

Examples of consortium in a Sentence

A Japanese consortium invested millions in the technology. a consortium for the prevention of animal cruelty
Recent Examples on the Web The case was filed by a consortium of crypto firms called the Crypto Open Patent Alliance, which is asking the court to declare that Wright is not Satoshi, thereby limiting his ability to found further litigation on the claim. Joel Khalili, WIRED, 23 Feb. 2024 The airline sold out future electric flights planned for 2028, and is part of a consortium with Airbus developing hydrogen-fuel. Marisa Garcia, Forbes, 23 Feb. 2024 But these multi-billion dollar projects, which usually involve large government contracts, involve complex contract bidding processes that can take months and years, and usually require partnering with a consortium of companies. Jeremy Kahn, Fortune, 15 Feb. 2024 However, since those nine years, Disney+ Hotstar has ceded digital rights to the lucrative Indian Premier League (IPL) tournament to a Viacom18 consortium backed by billionaire industrialist Mukesh Ambani. Naman Ramachandran, Variety, 31 Jan. 2024 With a total mission budget of $964 million, the three instruments on board include an optical spectrometer designed and built by NASA and two other polarimeters, one from the University of Maryland and one from a consortium of organizations in the Netherlands. USA TODAY, 29 Jan. 2024 In 2007, Cisneros and his partners sold Univision to a private equity consortium for $12.3 billion, according to news reports. Alejandra Molina, Los Angeles Times, 3 Jan. 2024 In 2017, Chile, under Piñera’s mandate, helped form the Lima Group, a consortium of over a dozen Latin American nations that was created to find a peaceful solution to the humanitarian and political crises in Venezuela. Samantha Schmidt, Washington Post, 6 Feb. 2024 The lawsuit Wright faces was brought by the Crypto Open Patent Alliance, a nonprofit consortium of crypto and tech companies. Joel Khalili, WIRED, 5 Feb. 2024 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'consortium.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

Latin, fellowship, from consort-, consors — see consort entry 1

First Known Use

1829, in the meaning defined at sense 1

Time Traveler
The first known use of consortium was in 1829

Dictionary Entries Near consortium

Cite this Entry

“Consortium.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consortium. Accessed 4 Mar. 2024.

Legal Definition

consortium

noun
con·​sor·​tium kən-ˈsȯr-shəm; -shē-əm How to pronounce consortium (audio)
plural consortia -shə, -shē-ə How to pronounce consortium (audio) also consortiums
1
: an agreement, combination, or group (as of companies) formed to undertake an enterprise beyond the resources of any one member
2
[Medieval Latin, marital partnership, from Latin] : the right of one spouse to the company, affection, and assistance of and to sexual relations with the other
also : the right of a parent or child to the company, affection, and assistance of the other
suing for loss of consortium
compare society
Etymology

Latin, sharing, partnership, from consort-, consors sharer, partner

More from Merriam-Webster on consortium

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