Difference between Partnership and Consortium

What is the difference between Partnership and Consortium?

Partnership as a noun is the state of being associated with a partner while Consortium as a noun is an association or combination of businesses, financial institutions, or investors, for the purpose of engaging in a joint venture.

Partnership

Part of speech: noun

Definition: the state of being associated with a partner an association of two or more people to conduct a business the period when two specific batsmen are batting - from the fall of one wicket until the fall of the next; the number of runs scored during this period

Consortium

Part of speech: noun

Definition: 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.The right of a spouse to all the normal relationships with his or her mate.

We hope you now know whether to use Partnership or Consortium in your sentence.

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