Meaning of “consortium” in the English Dictionary

british dictionary

"consortium" in British English

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consortiumnoun [ C ]

uk /kənˈsɔː.ti.əm/ us /kənˈsɔːr.t̬i.əm/ plural consortiums or consortia uk // us

(Definition of “consortium” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"consortium" in American English

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consortiumnoun [ C ]

us /kənˈsɔr·ʃi·əm/

a group of companies or people with the same goal who are working together to achieve that goal

(Definition of “consortium” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"consortium" in Business English

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consortiumnoun [ C ]

uk /kənˈsɔːtiəm/ us plural consortiums, consortia

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.
form a consortium Any move to form a consortium of all the UK's naval shipyard facilities would put jobs at risk.

(Definition of “consortium” from the Cambridge Business English Dictionary © Cambridge University Press)