consortium consortium  /kən ˈsɔr ʃi əm/

Definition(s):

  • (n) an association of companies for some definite purpose

Synonym(s)

Usage(s):

  1. The consortium's genome data is freely available now.
  2. A consortium of companies that make radio-based identification tags and related software plan to pool their patents in a venture that would provide one-stop licensing.
  3. The consortium can justifiably share in the credit for Celera's version of the genome, another cogent factor in the logic of today's truce.

News

  1. New York State Smart Grid Consortium Commends Mayor Bloomberg’s Special Initiative for Rebuilding and Resiliency

    The New York State Smart Grid Consortium , a public-private partnership devoted to statewide implementation of the smart grid, today praised Mayor Michael Bloomberg for his broad vision to rebuild and modernize New York City’s infrastructure as outlined by the Special Initiative for Rebuilding and Resiliency .
    on June 12, 2013     Source: Business Wire via Yahoo! Finance

  2. Vinci Consortium Awarded Contract From Qatar Rail - Quick Facts

    Vinci Consortium Awarded Contract From Qatar Rail - Quick Facts
    on June 10, 2013     Source: Nasdaq

  3. Bid consortium will walk unless Severn Trent engages in talks

    (Reuters) - The LongRiver consortium will walk away from its $8.2 billion takeover bid for British water firm Severn Trent unless the latter begins to engage in talks, a source close to the consortium ...
    on June 10, 2013     Source: Reuters via Yahoo! Finance

Quotes

  1. "Whatever my personal relationships with any of the consortium members, I do not intend to benefit in any way financially from my association with the team now or at a later stage," Mr Tharoor said.
    on Apr 15, 2010 By: Shashi Tharoor Source: Financial Times

  2. Virgin has "pulled together a heavy-hitting consortium that we believe has not only the knowledge and expertise but the financial clout to make a once great British institution great again," Branson said in the statement.
    on Oct 12, 2007 By: Richard Branson Source: Bloomberg

  3. Gudmundsson, who is investing a further £30.5 million in the club, said: "Eggert Magnusson has done a tremendous job as chairman, often in difficult circumstances, since our consortium bought the club 12 months ago." "Eggert has decided to...
    on Dec 13, 2007 By: Bjorgolfur Gudmundsson Source: Times Online

Word of the Day
cynic cynic
/ˈsɪ nɪk /