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 consortia (audio) , -​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 As part of the deal, the struggling fast-fashion retailer would be sold to a consortium made up of mall operators Simon Property Group and Brookfield Properties and brand management firm Authentic Brands Group, according to a Sunday court filing. Clare Duffy, CNN, "Forever 21 Bankruptcy: Retailer enters deal to sell for $81 million," 2 Feb. 2020 In a July bankruptcy auction, Johnson Publishing sold its Ebony photo archives to a consortium of foundations for $30 million. NBC News, "Historic Johnson Publishing artwork going on auction block," 16 Jan. 2020 Under pressure from the global public health community to release more details, the consortium published a draft genome of the novel coronavirus over the weekend, encouraging researchers around the world to analyze and share the data. Megan Molteni, Wired, "China's Swift ID of a New Virus Is a Win for Public Health," 13 Jan. 2020 And Sylvania’s lighting operations were sold to a consortium including Chinese banks that renamed the lighting business LEDVANCE. BostonGlobe.com, "The Trump administration gave old-fashioned, incandescent lightbulbs a holiday gift Friday: a new lease on life.," 21 Dec. 2019 In the late 1970s, financial problems led Tennant to sell his majority stake in the Mustique Company for around $1.8 million to a consortium headed by the Venezuelan paint manufacturer (and Mustique homeowner) Hans Neumann. Tim Teeman, Town & Country, "Princess Margaret's Love Affair With the Island of Mustique," 8 Dec. 2019 Pipeline owners aren’t seeking to buck competition stipulations but seek to employ fair interpretation of the grandfathering clauses, said consortium spokesman Mueller. Brian Parkin, Bloomberg.com, "Nord Stream 2 Pins Hope on Germany for EU Gas Rule Hurdle," 21 Jan. 2020 Heat is responsible for around half of all UK CO2 emissions, according to HyDeploy, a consortium that is currently piloting hydrogen as an alternative to gas. Hanna Ziady, CNN, "Gas heating is the biggest threat to Britain's climate goal," 18 Jan. 2020 The Boeing 737 was built in the United States and the engine was built by a US-French consortium. Jill Lawless, BostonGlobe.com, "Nations of Iran crash victims seek compensation for families," 16 Jan. 2020

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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Time Traveler for consortium

Time Traveler

The first known use of consortium was in 1829

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Statistics for consortium

Last Updated

9 Feb 2020

Cite this Entry

“Consortium.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consortiums. Accessed 19 Feb. 2020.

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More Definitions for consortium

consortium

noun
How to pronounce consortium (audio)

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 How to pronounce consortium (audio) \
plural consortia\ -​shə, -​shē-​ə How to pronounce consortia (audio) \ 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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