Share this site with del.icio.us Share this site with furl Share this site with stumbleupon Share this site with google Add this site to Yahoo Bookmarks Click here to add us to your favorites Subscribe to our Feed





consortium

Definition 1

Short-term arrangement in which several firms (from the same or different industry sectors or countries) pool their financial and human resources to undertake a large project that benefits all members of the group. A consortium lasts for a period that is usually shorter than that for a syndicate.

Definition 2

Benefits the parties to an agreement or arrangement are entitled to receive from one another.

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z