noun
consortium
kun-SOR-shee-um/kənˈsɔːrʃiəm/
A group of organizations working together for a shared purpose.
A consortium of engineering organizations reviews a bridge model together.
Etymology
Sharing a lot or fortune underlies the Latin sense of fellowship and participation. A consortium applies that partnership idea to organizations joining in a common undertaking.
In context
a consortium of organizations that have been working on this issue for quite some time and with that leadership and experience we worked with the gaming commission to launch this campaign
More examples
- The universities form a consortium to share research equipment.
- Our hospital joins a consortium that studies rare diseases.
- Small businesses save money by purchasing supplies through consortia.
Forms
consortium · consortia · consortiums
collaboration noun — Joint work toward a shared goal.
Similar words
- alliance
- Emphasizes mutual support rather than joint management of work.
- coalition
- Often joins groups temporarily to pursue political or social goals.
- association
- May organize members without requiring a specific joint project.