Definition: An association or combination of businesses, financial institutions, or investors, for the purpose of engaging in a joint venture.
Alright class, settle down, letโs take a look today, At a word that might seem tricky, in quite a special way. โConsortium,โ itโs written, a term you ought to know, Let's break it down gently, and watch the knowledge grow! The dictionary tells us, with precision clear and bright, "An association or combination, working with all their might." Think of it like this: A group, a team, a band, Joining forces together, lending a helping hand. Itโs businesses uniting, a financial flow, Investors collaborating, watching profits grow! Like a consortium of banks, a clever, steady scheme, Pooling their resources โ it's more than just a dream! Or maybe builders working, side by side you see, A consortium of contractors, building brilliantly free. So remember this meaning, let it truly reside, A group with a purpose, working side-by-side! Do you have any questions? Don't be shy, please share, Letโs explore this concept with thoughtful care!