PoliticsJuly 4, 2026
consortium
/kənˈsɔːrtiəm/
Definition
An association or group of organizations, companies, or entities working together to achieve a specific project or objective.
Etymology
Derived from the Latin word 'consortium', meaning 'partnership, association, or society.' It originates from the Latin 'consors,' meaning 'sharing a lot' or 'partner,' formed by combining 'con-' (with) and 'sors' (fate or share).
In the news
The article uses the term to describe a collaborative initiative aimed at improving trucking efficiency. It highlights how different players are teaming up to modernize logistics infrastructure.
Venezuelans frustrated by quake response want new presidential elections
Read the full article ↗The Japan Times