consortiums

[US]/kənˈsɔːtɪəmz/
[UK]/kənˈsɔːrtiəmz/
Frequency: Very High

Translation

n.(plural) an association of several companies or banks formed to undertake a specific project.

Phrases & Collocations

business consortiums

research consortiums

joint consortiums

international consortiums

strategic consortiums

educational consortiums

technology consortiums

financial consortiums

healthcare consortiums

local consortiums

Example Sentences

several consortiums are collaborating on the new technology project.

the consortiums aim to reduce costs and improve efficiency.

international consortiums are often formed for large-scale infrastructure projects.

many consortiums are competing for the government contract.

consortiums can leverage their combined expertise to tackle complex challenges.

joint ventures often involve multiple consortiums working together.

consortiums play a crucial role in research and development.

many consortiums are focused on sustainable energy solutions.

consortiums can help small companies access larger markets.

successful consortiums often share resources and knowledge.

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