noun
- plural of consortium; groups of organizations or companies that work together for a common purpose
Usage: business; formal
Examples
- Several consortia bid on the major construction project.
- The research consortia shared data and resources across universities.
- Banking consortia often finance large international deals.
- Technology consortia develop industry standards together.
- The oil consortia controlled much of the region’s production.
- Academic consortia allow students to take courses at partner schools.