a combination of financial institutions, capitalists, etc., for carrying into effect some financial operation requiring large resources of capital.
any association, partnership, or union.
Law. the legal right of partners in a marriage to companionship and conjugal intercourse with each other: In a wrongful death action the surviving spouse commonly seeks damages for loss of consortium.
Origin of consortium
1820–30; <Latin: partnership, equivalent to consort-consort + -ium-ium
A big consortium that includes Indigo Ag has already raised over $20 million to build a marketplace to sell soil-carbon credits.
This restaurant duo want a zero-carbon food system. Can it happen?|Bobbie Johnson|September 24, 2020|MIT Technology Review
Bloomberg News wasn’t included in the consortium and hasn’t seen the leaked documents.
Global bank stocks tumble following ‘FinCEN files’ revelations|Bernhard Warner|September 21, 2020|Fortune
Not to be outdone, a consortium of companies led by Facebook is working on a new form of digital money called Libra, which is pegged to traditional currencies, and could offer the social network’s billions of users a new way to shop and pay.
Mastercard launches digital currency kit for central banks|Jeff|September 9, 2020|Fortune
Then it’s west to House in the Wild, a lodge on the edge of the Masai Mara, where guests can explore the Enonkishu Conservancy, a consortium of Masai communities.