Meaning of the word consortium in English
What does consortium mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
consortium
US /kənˈsɔːr.ʃəm/
UK /kənˈsɔː.ti.əm/
Noun
an association, typically of several business companies or banks, formed to undertake a project too large for any of them individually
Example:
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A consortium of banks financed the new airport.
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The project is being developed by an international consortium.