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Consortium   /kənsˈɔrʃiəm/  /kənsˈɔrʃjəm/   Listen
Consortium

noun
(pl. consortiums, consortia)
1.
An association of companies for some definite purpose.  Synonyms: pool, syndicate.






WordNet 3.0 © 2010 Princeton University








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"Consortium" Quotes from Famous Books



... long-term oilfield development, should generate the funds needed to spur future industrial development. Oil production under the first of these PSAs, with the Azerbaijan International Operating Company, began in November 1997. A consortium of Western oil companies began pumping 1 million barrels a day from a large offshore field in early 2006, through a $4 billion pipeline it built from Baku to Turkey's Mediterranean port of Ceyhan. Economists estimate that by 2010 revenues ...
— The 2007 CIA World Factbook • United States

... country was replaced by an attempt at financial exploitation; military friction between the Western powers and Japan was in this way to be minimized. Financial control was to be exercised by an international banking consortium (1920). It was necessary for political reasons that this committee should be joined by Japan. After her Twenty-one Demands, however, Japan was hated throughout China. During the world war she had given loans to the various governments and rebels, and in this way had secured ...
— A history of China., [3d ed. rev. and enl.] • Wolfram Eberhard



Words linked to "Consortium" :   trust, cartel, association, combine, corporate trust



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