consortium

noun/kənˈsɔrʃiəm/

Frequency rank: #6,184 of 20,003 in the WORDED list (wordfreq data)

Meaning

An association of several companies, organizations, or institutions joined together for a common purpose.

Illustration for the English word “consortium”

Example sentence

Several universities formed this consortium to share research resources and reduce costs.

Synonyms & related words

More words in ranks 6,101–6,200