consortium

noun

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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.

2 : association, society

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 The deal for Mondo arrives just a month after former Disney CEO Bob Iger joined a consortium led by Peter Chernin’s The Chernin Group to invest $263 million in Funko to fuel its expansion. — Etan Vlessing, The Hollywood Reporter, 13 June 2022 The consortium led by TCG will make a $263 million strategic investment in Funko, acquiring 80% of ACON Investments’ shares in Funko Class A common stock. — Todd Spangler, Variety, 5 May 2022 The Ricketts family, owners of Major League Baseball’s Chicago Cubs, and a separate consortium led by Bain Capital co-chairman Stephen Pagliuca have also made it to the next phase, according to the people. — David Hellier, Bloomberg.com, 29 Mar. 2022 The two front runners are former Gugenheim Partners executive and Los Angeles Dodgers owner Todd Boehly, and a consortium led by Apollo Global Management co-founder Josh Harris and David Blitzer, according to the FT. — Sophie Mellor, Fortune, 25 Mar. 2022 The protest was filed by Capital Express Mobility Partners, a consortium led by Spanish firm Cintra. — Washington Post, 16 Feb. 2022 So what my buying consortium did across the country is start to invest in research and development to create smart gun technology. — cleveland, 11 Apr. 2022 Truelove has helped lead the consortium's work with the Biden administration to coordinate modeling work from across several teams plotting coming waves of the virus. — Alexander Tin, CBS News, 4 Jan. 2022 The consortium's North Atlantic right whale population estimate for 2020 has not yet been peer-reviewed, according to the National Oceanic and Atmospheric Administration. — Kelli Bender, PEOPLE.com, 26 Oct. 2021 See More

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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Last Updated

25 Jun 2022

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“Consortium.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consortium. Accessed 2 Jul. 2022.

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More Definitions for consortium

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