consortium

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The Irish Times said the consortium was advised by New York investment bank Sandler O'Neill.

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Definitions (6)

Toggle American Heritage definitions American Heritage Dictionary (4)

  1. noun An association or a combination, as of businesses, financial institutions, or investors, for the purpose of engaging in a joint venture.
  2. noun A cooperative arrangement among groups or institutions: a library consortium.
  3. noun An association or society.

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Examples (50)

  • However, a developer said he was not sure if his consortium will be able to submit the bid by July 20. —  Daily News & Analysis
  • The Nabucco consortium is also keeping its options open on filling Nabucco from suppliers outside the Caucasian region, including Egypt, Iraq and Iran, a spokesman for the consortium said. —  Latest news _ Budapest Business Journal _ BBJ_online
  • It is clear that this consortium is another way of finding jobs for a bunch of programmers who have no idea about community or public health; and one can go further to say that most physicians have very little idea about public health. —  Bits
  • In a Financial Times report today, it pointed out that two years ago the Globe was independently estimated to be worth about $500m when a consortium was aiming to buy the title. —  The Guardian World News
  • Few government officials knew much about the consortium, which is led by a Brooklyn native, Leonard H. Schrank, but they quickly discovered it offered unparalleled access to international transactions. —  Hugh Hewitt's TownHall Blog
 

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This word has been looked up 67 times.

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Etymologies (2)

Toggle American Heritage etymologies American Heritage Dictionary (1)

  1. Latin, fellowship, from cōnsors, cōnsort-, partner; see consort.

Toggle Century etymologies Century Dictionary (1)

  1. from Latin consortium, fellowship: see consort.
 

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/kənˈsɔrʃiəm/
by American Heritage

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