consortium
/kənˈsɔː(ɹ).ʃəm/
KƏNSƆː(ɹ) · ʃəm (2 syllables)
English
Noun Top 27,133
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Definition
An association or combination of businesses, financial institutions, or investors, for the purpose of engaging in a joint venture.
Etymology
Learned borrowing from Latin cōnsortium.
Example Sentences
- "We wanted to share that kind thought with you because today, November 13, is "World Kindness Day" — created back in 1998 by a consortium of kindhearted charities."
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