consortium

USAGE SUMMARY

"consortium" is a correct and usable word in written English.
It can be used to refer to a group of people, companies, or organizations that work together towards a shared goal. For example, "The tech consortium collaborated to produce a revolutionary new product."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

The consortium also needs administrators to secure the 85% stake of the current Rangers owner, Craig Whyte.

The Guardian - Sport

The consortium, led by the former Rangers director Paul Murray, has been in the frame to buy the club since it entered administration in February.

The Guardian - Sport

Standard Life pension fund is putting up most of the money, but Salford also went through a procurement process to bring in a consortium of other investors and private equity.

The Guardian

The Forewind consortium which is behind the 2400MW capacity project has yet to make a final investment decision.

The Guardian

At the same time, a consortium led by Sony Music's Sony/ATV said it would pay about £1.3bn for EMI's publishing arm.

The Guardian - Business

He said Modi would press Obama to set up a global clean energy research consortium or make funds available for licences for clean energy technologies, perhaps from international climate finance.

The Guardian

As well as the alliance of Amec, Washington and Areva, the other bidders are a consortium made up of Serco, US contractor Bechtel and BWXT Nuclear Services UK Toshibaandnd Fluor; and CH2M Hill.

The Guardian - Business

EE has subsequently held talks about joining the YouView consortium, but no deal has ever materialised and instead the company has decided to launch its own service.

The Guardian - Business

Green, 59, who is understood to have spent several years recently in the far east, has said he is backed by a consortium of investors which includes Jude Allen, described as an Indonesian hotel designer, Mazen Houssami, a lawyer from the Middle East, "offshore trusts" and a Singapore family trust.

The Guardian - Sport

Rangers said officially that Green "is leading a consortium of investors from home and abroad".

The Guardian - Sport

The village has now been sold to a consortium led by Qatar's royal family.

The Guardian - Opinion

Expert writing Tips

Best practice

When writing about collaborations, use "consortium" to emphasize the formal and often large-scale nature of the cooperative effort. It is particularly fitting for projects involving multiple organizations or businesses.

Common error

Avoid using "consortium" to describe informal or small-scale collaborations. Reserve this term for instances where the cooperative effort is substantial, formal, and involves multiple entities.

Linguistic Context

The word "consortium" functions primarily as a noun, referring to a group of companies or organizations that come together to work on a specific project or achieve a common goal. Ludwig AI confirms its grammatical correctness.

Expression frequency: Very common

Frequent in

News & Media

40%

Formal & Business

30%

Science

15%

Less common in

Academia

5%

Encyclopedias

5%

Wiki

5%

Ludwig's WRAP-UP

The term "consortium" is a noun frequently used to describe a collaborative group, especially in business and formal settings. Ludwig AI confirms its grammatical correctness. Its professional tone makes it suitable for describing joint ventures, alliances, and syndicates across news, business, and scientific domains. While "consortium" effectively conveys a formal, multi-party collaboration, remember to reserve it for situations that merit its serious connotation. Alternatives such as "alliance" or "joint venture" might be more fitting in less formal contexts. With these guidelines, you can confidently and accurately use "consortium" in your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

joint venture

Refers to a business undertaking by two or more parties who share equity, risks and rewards.

syndicate

This term implies a group of individuals or organizations united to promote a common interest, especially in business or finance.

alliance

This term denotes a formal agreement or union between parties, often nations or organizations, for mutual benefit.

pool

An informal arrangement where resources or profits are shared among participants.

coalition

This term suggests a temporary alliance of distinct parties or groups for a specific purpose.

partnership

Suggests a collaborative relationship where parties share responsibilities and profits.

association

This is a general term for a group of people organized for a joint purpose.

corporate body

A formal term for a group of individuals or entities legally recognized as a single unit.

federation

Implies a union of partially self-governing states or regions under a central authority.

group

This is a broad term referring to any collection of people or things.

FAQs

How is a "consortium" different from a regular company?

A "consortium" is a temporary alliance of entities working together on a specific project, whereas a company is a permanent, independent business organization. A consortium dissolves once its objective is achieved, while a company continues operations.

What is the purpose of forming a "consortium"?

A "consortium" is typically formed to pool resources, share risks, and leverage expertise for projects that are too large or complex for a single entity to handle. This collaborative approach allows for greater efficiency and innovation.

What are some examples of situations that call for a "consortium"?

Large infrastructure projects, scientific research initiatives, and major business ventures often benefit from the formation of a "consortium". These projects require diverse skills and substantial capital, making collaboration essential.

Are there alternatives to using the word "consortium"?

Yes, alternatives include "alliance", "syndicate", "coalition", or "joint venture", depending on the specific nature of the collaborative arrangement. Each term conveys a slightly different nuance.