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The meaning of CONSORTIUM is an agreement, combination, or group (as of companies) formed to undertake an enterprise beyond the resources of any one member. How to use consortium in a sentence.
Consortium definition: a combination of financial institutions, capitalists, etc., for carrying into effect some financial operation requiring large resources of capital.. See examples of CONSORTIUM used in a sentence.
CONSORTIUM definition: 1. an organization of several businesses or banks joining together as a group for a shared purpose…. Learn more.
a group of companies, organizations, etc. that have joined together to work on a particular project: The 11-member consortium, led by BP, sought funding from public bodies such as the World Bank. The Severn Tidal Power Group is a consortium of big construction and electrical companies.
4 days ago · A consortium is a group of people or firms who have agreed to cooperate with each other. [ formal ] The consortium includes some of the biggest building contractors in North America.
Consortium is a fancy word for a group you form for an enterprise beyond what any one member could do alone. All the grocery stores in your neighborhood might form a consortium for the promotion of local strawberries. Consortium comes from the verb consort, which means "to accompany or associate."
2 days ago · A consortium is a group of people or firms who have agreed to co-operate with each other.
A consortium (pl. consortiums or consortia) is an association of two or more individuals, companies, organizations, or governments (or any combination of these entities) with the objective of participating in a common activity or pooling their resources for achieving a common goal.
a group of people, countries, companies, etc. who are working together on a particular project. the Anglo-French consortium that built the Channel Tunnel. Our company forms part of a consortium of local businesses working for environmental change. Word Origin.
CONSORTIUM meaning: an organization consisting of several businesses or banks: . Learn more.
