consortium

Meanings

• noun

  A group or association of individuals, companies, or organizations that pool their resources or expertise to accomplish a common goal.

  - "The consortium of tech companies collaborated to develop a new standard for wireless charging."
  - "The consortium's research on renewable energy has led to significant advancements in the industry."

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Variants

List of all variants of consortium that leads to same result
consortia , consortium , consortiums

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Etymology

origin and the way in which meanings have changed throughout history.

From the Latin consortium, meaning 'agreement' or 'companionship'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The first known use of the term 'consortium' was in the 15th century in Europe.

2. The largest consortium in the world is the World Trade Organization, which represents over 160 countries.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. alliance: An alliance is a partnership between organizations or individuals for mutual benefit. A consortium is a specific type of alliance where resources are pooled for a common goal.

2. coalition: A coalition is a temporary alliance of groups or individuals for a common cause. A consortium is a more formal and long-term partnership.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

The term 'consortium' has been used extensively in various industries, including technology, finance, and research. It is often associated with collaboration and partnerships.

How to Memorize "consortium"

1. visualize
   

   - Visualize a group of people or organizations working together towards a common goal. Imagine a table where each member contributes resources or expertise.

2. associate
   

   - Associate the word 'consortium' with the idea of collaboration and partnership. Think of it as a group effort.

3. mnemonics
   

   - Create a mnemonic by remembering the Latin root 'consortium', meaning 'agreement' or 'companionship'. Think of a 'consortium' as an 'agreement between companions'.

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