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.

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 Palestinians, pleased at being invited into the consortium, hope to develop their own gas fields off the coast of Gaza but for now are required by international agreements to acquire their fuel from Israel. — Aron Heller, The Seattle Times, "Natural gas fields give Israel a regional political boost," 23 Jan. 2019 The experts include members of Harvard, MIT, Stanford, the nonprofit OpenAI, and the Partnership on AI industry consortium, among others, and they were put together as part of the second annual AI Index. — Nick Statt, The Verge, "The AI boom is happening all over the world, and it’s accelerating quickly," 12 Dec. 2018 Studdert has also cobbled together roughly half a million dollars in funding, including a grant from a new consortium of philanthropies that banded together to fund this kind of research. — William Wan, chicagotribune.com, "Tenacious new gun researchers are determined to break cycle of mass shootings," 25 Mar. 2018 In mid-August, its board agreed to a 12.98 billion Australian dollar (US$9.24 billion) formalized bid from the consortium. — Robb M. Stewart, WSJ, "Australia Antitrust Regulator Clears $9 Billion Bid for Pipeline Company," 11 Sep. 2018 Management, a consortium of construction companies from around the country known as Six Companies, rejected employee demand for better working conditions and kept construction at a furious pace. — David Grossman, Popular Mechanics, "The Hoover Dam Changed America—And It Might Do It Again," 27 July 2018 Demolition of the Marathon station is the end of the first phase of Uptown Innovation Corridor’s development, according to a statement from the consortium. — Sheila Vilvens, Cincinnati.com, "Demolition planned for Wednesday morning at corner of MLK, Reading Road," 5 June 2018 Jyoti, which owes about 80.8 billion rupees, also received a single bid from a consortium of wealthy individuals led by Sharad Sanghi, who is chief executive officer of a data center. — Anto Antony, Bloomberg.com, "Banks Seek Wind Up of India Firms Owing $5.8 Billion," 4 Apr. 2018 Studdert has also cobbled together roughly half a million dollars in funding, including a grant from a new consortium of philanthropies that banded together to fund this kind of research. — William Wan, chicagotribune.com, "Tenacious new gun researchers are determined to break cycle of mass shootings," 25 Mar. 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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23 Feb 2019

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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

See the full definition for consortium in the English Language Learners Dictionary

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