english word · 2026-07-02

consortium

noun

Meaning

An association of several business companies or individuals joining together for a common purpose or large-scale project. It implies a sense of shared destiny and collective strength.

Etymology

From the Latin 'consortium', meaning 'partnership' or 'fellowship', derived from 'consors' (sharing property).

Examples

"The international consortium worked together to fund the development of the new sustainable energy grid."

"A consortium of independent publishers joined forces to compete with the industry giants."

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