consortium

noun
con·​sor·​tium | \kən-ˈsȯr-sh(ē-)əm, -ˈsȯr-tē-əm\
plural consortia\kən-​ˈsȯr-​sh(ē-​)ə, -​ˈsȯr-​tē-​ə \ also consortiums

Definition of consortium 

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.

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

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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

By beating a consortium composed of investors, a fund launched by former NBA player Magic Johnson, and British civil engineering firm, the Boring Company caps off a wild 18-month ride with its first official government bid win. Aarian Marshall, WIRED, "Elon Musk’s Boring Company Wins a Big Boring Contract in Chicago," 14 June 2018 The consortium led by UCF will oversee engineering, operations, infrastructure maintenance, information technology and other support services. Annie Martin, OrlandoSentinel.com, "UCF receives $2 million grant for Puerto Rico's Arecibo Observatory," 4 June 2018 And in recent years, California has created a new consortium of scientists funded by the state's cigarette taxes to research the mechanics and possible dangers of thirdhand smoke. William Wan, ajc, "Thirdhand smoke is widespread and may be dangerous, mounting evidence shows," 10 May 2018 The consortium said it is funded by local investors, Citi Group, and the AFL-CIO’s insurance affiliate, ULLICO. Andrew Maykuth, Philly.com, "Gulftainer's $584M Wilmington port expansion: 'This is going to be a hard thing for people north of us to swallow.'," 6 Apr. 2018 Toyota was also one of 21 companies that are part of a consortium invited to Japan to make a roadmap toward flying cars over the next decade. Sebastian Modak, Condé Nast Traveler, "Today in Self-Driving Cars: Jaguar Gives Them Eyes, Toyota Gives Them $500M," 28 Aug. 2018 For 2018, the consortium has has an alliance with independent internship programs. Karen Farkas, cleveland.com, "Cuyahoga County teens and young adults can apply for jobs and internships," 8 Feb. 2018 Analysts say recent losses are likely not the reason the Cerberus consortium is delaying. John Sowell, idahostatesman, "Albertsons, your friendly neighborhood grocery, is losing hundreds of millions of dollars," 20 Jan. 2018 How to transfer money to the right person on Venmo New money transfer services have popped up; a consortium of banks launched their own money transfer app, Zelle, last year. Telis Demos, WSJ, "You Accidentally Sent $149 to a Stranger on Venmo? Good Luck Getting It Back," 12 July 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'consortium.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of consortium

1829, in the meaning defined at sense 1

History and Etymology for consortium

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

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Last Updated

30 Nov 2018

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The first known use of consortium was in 1829

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More Definitions for consortium

consortium

noun

English Language Learners Definition of consortium

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

consortium

noun
con·​sor·​tium | \kən-ˈsȯr-shəm; -shē-əm \
plural consortia\-​shə, -​shē-​ə \ also consortiums

Legal Definition of consortium 

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

History and Etymology for consortium

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

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