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

Synonyms More Example Sentences Learn More About consortium

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 British government has yet to approve the sale of Premier League club Chelsea to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. — Rob Harris, ajc, 16 May 2022 When Toshiba sold its memory-chip unit to a consortium led by Bain Capital in 2018, the deal was structured to make sure Japanese investors control the majority of voting rights. — Jacky Wong, WSJ, 13 May 2022 In 2006, Indiana sold a 157-mile stretch of I-90 to a Spanish and Australian consortium for $3.8 billion. — Robin Kaiser-schatzlein, The New Republic, 1 Apr. 2022 Mandiant became a stand-alone company last year when FireEye Inc. sold its security-product business for $1.2 billion to a consortium led by Symphony Technology Group. — Fortune, 8 Mar. 2022 Mandiant became a standalone company again last year when FireEye Inc. -- which had acquired Mandiant in 2013 -- sold its eponymous security-product business for $1.2 billion to a consortium led by Symphony Technology Group. — William Turton, Bloomberg.com, 8 Feb. 2022 The Ricketts family, who own the Chicago Cubs, have linked with hedge fund manager Ken Griffin in a consortium. — Rob Harris, The Courier-Journal, 22 Mar. 2022 Shell’s decision to pull back from its role in a consortium of five Western energy companies financing Nord Stream 2 marks a major symbolic decision against a project that has sparked controversy since inception. — William Boston, WSJ, 28 Feb. 2022 Preschools serving children in Yamhill County and those in a consortium for children in Sherman, Wheeler, Hood River, Wasco and Gilliam counties also were one-third unfilled as of December. — oregonlive, 22 Feb. 2022 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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consortium

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Last Updated

20 May 2022

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“Consortium.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consortium. Accessed 28 May. 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