Consortium (Noun)
Meaning
An association of companies for some definite purpose.
Classification
Nouns denoting groupings of people or objects.
Examples
- A consortium of technology firms partnered to develop a new satellite system.
- The consortium will oversee the construction of the new highway project.
- Several major airlines formed a consortium to manage airport ground services.
- A consortium of pharmaceutical companies collaborated on a vaccine research project.
- A real estate consortium was established to develop a new business district in the city.