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Consortium

usgb/kənˈsɔːrʃiəm,kənˈsɔːrtiəm/Volume
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Joint VenturesPlay
Consortium often involves temporary collaboration for specific projects. SlideTech giants formed a consortium to develop a new encryption standard.
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Shared GoalsPlay
Members in a consortium work towards a mutual objective, benefitting all parties involved. SlideThe consortium built a bridge, sharing costs and technology.
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Professional ContextPlay
Using 'consortium' suggests a formal alliance; it's not used for casual partnerships. SlideThe renewable energy consortium focuses on advancing green technologies.