BNET Business Dictionary
Business Definition for: Consortium
- a group of independent organizations that join forces to achieve a particular goal, for example, to bid for a project or to conduct cooperative purchasing. A consortium goes on to complete the project if its bid is successful and is often dissolved on completion. This form of temporary alliance allows diverse skills, capabilities, and knowledge to be brought together.
- an association of several entities with a view to carrying out a joint venture.
- See also Joint Venture
Wiktionary Definition for: Consortium
- #An association or combination of businesses, financial institutions, or investors, for the purpose of engaging in a joint venture
- #A similar arrangement among non-commercial institutions or organizations
- #An association or society
- #(''law'') The right of a spouse to all the normal relationships with his or her mate
Additional Resources
- US consortium vies for Volvo
- A US-led consortium is challenging Geely Automobile of China in the race to buy Volvo, the lossmaking Swedish carmaker, from Ford.The Crown consortium is fronted by Michael Dingman, a former Ford director and veteran turnround specialist, and Shamel Rushwin, a former executive at Ford and Chrysler, according to people...
- External links 2009-10-04
- Mission goals of the TMD Consortium. (thermal-magnetic duplication) (interview with Tim Reese, Chromium Business manager for DuPont, member of TMD Consortium)
- The TMD Consortium enters the second year of its self-assigned mission of promoting the thermal-magnetic duplication TMD format, with an emphasis on the EP mode. This month, Tim Reese, Chromium Business manager for TMD Consortium member DuPont, tal The TMD Consortium enters the second year of...
- Research articles 1994-01-01
- Enron denies consortium link.(consortium that is planning a $2-billion pwer station in Arava, Israel)
- U.S. energy giant, Enron, has refuted reports that it has joined an international consortium which is planning to establish a $2-billion power station in the Arava region. Representatives of the consortium recently held talks with Prime Minister ShimonU.S. energy giant, Enron, has refuted reports that it has...
- Research articles 1996-03-24
- U.S.-led Consortium Wants to Buy Volvo From Ford: Report
- LONDON (Reuters) A U.S.-led consortium has entered the race to buy Volvo from Ford F, the Financial Times reported, in a challenge to China's Geely Automotive , which confirmed its interest in the money-losing Swedish carmaker last month. Citing people close to the sale, the FT said the Crown consortium...
- News items 2009-10-05
- TSR enhances forecast power of Storm Tracker.(Industry News)(Tropical Storm Risk consortium, Tropical Storm Tracker)(Brief article)
- LONDON-The Tropical Storm Risk consortium has added quantitative and probabilistic rainfall forecasts for tropical storms worldwide to its Tropical Storm Tracker. The London-based TSR consortium includes experts on insurance, risk management and s LONDON-The Tropical Storm Risk consortium has added quantitative and...
- Research articles 2007-03-01
- CableLabs in middle on set-tops; open standards initiative has put R&D consortium where action is. (Cable Television Laboratories)
- Open standards initiative has put R&D consortium where action is Cable Television Laboratories, the cable industry's research and development consortium, finds itself in the eye of the set-top-box storm with its OpenCable initiative. ...
- Research articles 1997-10-20
- Rumblings.(Michigan Homeland Security Consortium introducing $1 million fund)(John Casey started Casey Communications Inc.)(Linda Solomon's works and General Motors Corp. marketing)
- Consortium to launch $1m startup fund The fledgling Michigan Homeland Security Consortium, a Lansing-based trade organization launched in June to promote small and startup companies, said Wednesday it will launch a $1 million fund in January that Consortium to launch $1m startup...
- Research articles 2006-12-04
- INTERNATIONAL CONSORTIUM LOANED GAZPROM $2.5 BN TO FINANCE THE WORLD'S BIGGEST GAS TRANSPORTATION PROJECT.
- A&G Information Services 05-07-1997 INTERNATIONAL CONSORTIUM LOANED GAZPROM $2.5 BN TO FINANCE THE WORLD'S BIGGEST GAS TRANSPORTATION PROJECT. St.Petersburg, Russia. The consortium included 57 banks from 17 countries. The loan was g A&G Information Services ...
- Research articles 1997-05-07
- Bombardier Transportation and Its Consortium Partner Siemens Receive a 399 Million Euros Order From the Netherlands Railways NS for Additional Sprinter Trains; NS Brings Forward its Orders and Delivery Dates as First Trains are in Test Phase.
- BERLIN, GERMANY, Sep 21, 2007 CCNMatthews via COMTEX -- Bombardier Transportation, the leader of the Sprinter consortium with Siemens, announced today that their consortium has been awarded a contract by the Netherlands Railways (Nederlandse Spoorw BERLIN, GERMANY, Sep 21, 2007 CCNMatthews via COMTEX -- Bombardier...
- Research articles 2007-09-21
- BT vies for phone tender. (British Telecom leads consortium group to gain license to be Israel's second national carrier for international calls)
- British Telecom BT will lead a consortium that will compete in the Ministry of Communication's tender to grant a license for a second national carrier for international calls. The BT consortium will include Tadiran, Idan Software Industries and DarcoBritish Telecom BT will lead a consortium that will...
- Research articles 1995-04-07
- UBI preps 'unique' ITV service. (UBI Consortium; interactive TV)
- A large consortium of Canadian companies and the Hearst Corp. think they have the answer to selling affordable transactional products to a mass market via interactive TV. Known as the UBI Consortium, the group's primary focus is on nonentertainme A large consortium...
- Research articles 1996-01-01
- Consortium offers initiative to simplify mobile browsing.(News)
- A consortium of Web-based companies unveiled an initiative to simplify Internet browsing from handheld devices. The World Wide Web Consortium (W3C) encouraged members to join two working groups working to make Web browsing easier from mobile p A consortium...
- Research articles 2005-05-16
- AMD Executive Elected President of the HyperTransport Technology Consortium
- SUNNYVALE, Calif. -- The HyperTransportTM Technology Consortium, a nonprofit industry organization that manages and promotes low-latency HyperTransport technology, today announced the election of David Rich, Director of Business Development and Support, Boston Design Center at AMD, as President of the Consortium, reporting to the Consortium's Board of Directors. Mr. Rich...
- Research articles 2005-01-17
- Consortium makes progress toward a materials information management system for aerospace.(ASM News)
- The Materials Data Management Consortium MDMC had its third working meeting in January, at NASA Marshall Space Flight Center in Huntsville, Alabama. The consortium marked the start of its second year by welcoming new members Concurrent Technolog The Materials Data Management Consortium MDMC...
- Research articles 2004-04-01
- China muddles the picture for high-def format: EVD raises concerns; DVD Forum votes for Toshiba.(a consortium in China unveils a new disc format, called Enhanced Video Disc)
- A government-backed consortium of DVD manufacturers in China has thrown a major and unpredictable wrinkle into worldwide efforts to develop a unified high-definition DVD system. The nine-member consortium, which includes some of the world's l A government-backed consortium...
- Research articles 2003-11-24
- Time Warner joins German news venture. (Time Warner International joins consortium with Bertelsmann AG and Gruner & Jahr)
- NEW YORK -- Time Warner International has joined a consortium of German companies applying for a license to create a news and information television channel in Dusseldorf, Germany. The consortium applied Tuesday for the license in the North R ...
- Research articles 1991-07-01
- Quantum and Former Senior Executive of General Motors Join Plug-In Hybrid Consortium
- IRVINE, Calif. -- The Plug-In Hybrid Development Consortium (the "Consortium") announced that Quantum Fuel Systems Technologies Worldwide, Inc. ("Quantum") (Nasdaq:QTWW) and Mr. Alan Perriton, former Senior Executive of General Motors Asia/Pacific, have joined the Consortium. The Consortium is made up of a growing number of automotive suppliers, manufacturers and other...
- Research articles 2006-03-27
- Consortium has come out with two options
- The Department of Telecom DoT had appointed a consortium to work on the modalities for synergizing the activities of MTNL and BSNL. The consortium has proposed two options, BSNL buying out MTNL and a merger of the two entities. The option of a reverse mThe Department of Telecom DoT had...
- Research articles 2005-02-27
- Ford Joins FlexRay Consortium.(Brief Article)
- The FlexRay Consortium recently announced that Ford Motor Company has joined the initiative as a "premium associate member." The consortium said Ford's membership allows the automaker to interact with FlexRay working groups, propose ideas, The FlexRay Consortium recently announced that Ford Motor Company has...
- Research articles 2002-06-21
- ICBC-LED CONSORTIUM GRANTS USD2BN LOAN TO BRITISH AIRWAYS
- AsiaInfo Services 10-01-2007 ICBC-led Consortium Grants USD2bn Loan to British Airways BEIJING, Oct 01, 2007 SinoCast via COMTEX -- A bank consortium led by Industrial and Commercial Bank of China (SEHK: 1398; SHSE: 601398) and several other AsiaInfo Services...
- Research articles 2007-10-01
Neighboring Terms
Premier Vendor Content Whitepapers, webcasts & resources from our Power Center Sponsors
