consortium — An association of several companies or organizations working together for a common purpose
Part of speech: NOUN
Definition: An association of several companies or organizations working together for a common purpose
Pronunciation (IPA): /kənˈsɔːrtiəm/
Example Sentences
- The oil drilling consortium decided to split the costs equally among all members.
- Five universities formed a consortium to share their expensive laboratory equipment.
- The pizza delivery consortium promised to deliver anywhere in the city within 30 minutes, even to the top of skyscrapers!
consortium
NOUN[/kənˈsɔːrtiəm/]
An association of several companies or organizations working together for a common purpose
Five rival tech CEOs sign a consortium agreement to build the world's largest satellite network together.
The consortium fills the auditorium like a business emporium!
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🎤Pronunciation
🌳Etymology
Origin
The word derives from Latin consortium, which developed from consors meaning "companion" or "partner." The term originally referred to a partnership or shared community, particularly in legal and commercial contexts among Romans.
Breakdown
con- (together) + sors (lot, share, partner) + -ium (noun suffix). The root sors evolved to consors to denote one who shares a lot or destiny with others.
🎵Rhyme
🔗Collocations
📝Examples
“The oil drilling consortium decided to split the costs equally among all members.”
“Five universities formed a consortium to share their expensive laboratory equipment.”
“The pizza delivery consortium promised to deliver anywhere in the city within 30 minutes, even to the top of skyscrapers!”
“The renewable energy consortium aims to build solar farms across three countries.”
📚Related Words
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