"Consortium" Pronounce,Meaning And Examples

"Consortium" Meaning

A consortium is a formal association of two or more individuals, companies, or organizations that cooperate in a common goal or project, often for the purpose of pooling their resources, expertise, or risk.

"Consortium" Examples

Usage Examples for "Consortium"

1. Definition

A consortium is a group of individuals or organizations that work together to achieve a common goal.

2. Example

"The university has formed a consortium with several other institutions to conduct research on climate change."

3. Example

"The tech company partnered with a consortium of venture capitalists to fund its new project."

4. Example

"The city government has established a consortium to manage the local water supply system."

5. Example

"The international organization has brought together a consortium of experts to develop a new vaccine for a deadly disease."