dictionary.pt

dictionary.pt

consortium

nounmasculinegeneral usecommon/kõˈsɔɾ.sju/con·sór·cio

Definition

1

An association of individuals or companies for a common purpose, especially economic or financial.

Usage examples

“A consortium of banks financed the new hospital.”
“They joined a car-buying consortium.”

Common combinations

banking consortiuminternational consortium