consortium
pronunciation
How to pronounce consortium in British English: UK [kənˈsɔ:tiəm]
How to pronounce consortium in American English: US [kənˈsɔrtiəm]
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- Noun:
- an association of companies for some definite purpose
Word Origin
- consortium (n.)
- 1829, from Latin consortium "fellowship, participation, society," from consors (genitive consortis; see consort (n.)). Earlier, in British law, a term for "right of husband's access to his wife."
Example
- 1. The rover car consortium failed and production ceased in 2005 .
- 2. Fed up with the futility of the 2012 environment , the consortium moved decisively .
- 3. The online commerce company did consider selling skype to a private-equity consortium .
- 4. But the consortium believes it can achieve much better results .
- 5. The japanese consortium also signed a long-term agreement to buy lng from browse .