A group of individuals or companies formed to undertake an enterprise or activity that would be beyond the capabilities of the individual members.

Use consortium in a sentence

You should try and make sure that everyone in the consortium understands exactly what you want and hope to achieve.

​ Was this Helpful? YES  NO 11 people found this helpful.

We decided to form a consortium because we thought it would help us grow and become even bigger than we thought we could be.

​ Was this Helpful? YES  NO 4 people found this helpful.

We brought together high level representatives from each of the companies to create a new consortium on supporting diverse local initiatives.

​ Was this Helpful? YES  NO 9 people found this helpful.

Show more usage examples...

Related Terms

Mentioned in these terms

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
consolidation phase consortium bank