consortium Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “consortium” in the English Dictionary

"consortium" in British English

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consortiumnoun [C]

uk   /kənˈsɔː.ti.əm/  us   /-ˈsɔːr.t̬i-/ (plural consortiums or consortia uk   // us   )
an ​organization of several ​businesses or ​banksjoining together as a ​group for a ​sharedpurpose: a consortium oftextilemanufacturers
(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   us   /kənˈsɔːtiəm/ (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, ​soughtfunding from ​public bodies such as the World Bank. The Severn Tidal Power Group is a consortium of ​bigconstruction and ​electricalcompanies.form a consortium Any ​move to ​form a consortium of all the UK's naval ​shipyardfacilities would put ​jobs at ​risk.
(Definition of consortium from the Cambridge Business English Dictionary © Cambridge University Press)
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