consortium

Noun

Meaning

an association of companies for some definite purpose

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Examples

Over 30 years ago, Airbus was founded by a European consortium of French, German, and later Spanish and British companies to compete in the large commercial aircraft industry with U.S. companies. Norm Dicks

We've already gotten a significant grant from the Andrew W. Mellon Foundation, and a university consortium. I think the whole sector of Foundations, potentially with government support, is promising - more than promising, I think, it's substantial. Mitch Kapor

Perhaps the best motivation for going to Mars is political. It is obvious that no single nation currently has either the will or the resources to do it alone, but a consortium of nations and space agencies could achieve it within 20 years. Paul Davies

A consortium of public sector banks is understood to be “unhappy” over the developments as they were looking forward to the JSW-Bhushan Power and Steel deal to clean their books partly. Source: Internet

A consortium of reporters from major print and broadcast networks and a trade group of cable companies and broadcasters had earlier rallied to Fox’s defense in the case. Source: Internet

Alberta Investment Management Corp., which looks after more than $115 billion in public sector pension funds for the province, agreed with American partner KKR in December to form a consortium to buy a 65 per cent interest in the project. Source: Internet

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