consortium

noun/kənˈsɔrʃiəm/

Frequency rank: #6,184 most common English word

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 consortium to share research resources and reduce costs.

Synonyms & related words

Practice this word in the quiz

More words in ranks 6,101–6,200