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consortium

/kɒnˈsɔːrtiəm/ noun · British & US
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What does consortium mean?

noun

A group of independent companies or organizations that work together to achieve a common goal, often in a specific industry or market.

Example

"The consortium of tech companies invested heavily in the development of the new operating system."

Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.

Etymologically related

Synonyms for consortium

Antonyms of consortium

Rhymes with consortium