This is the 10428th most frequent Spanish word.
consorcio
A partnership, association, or alliance formed for a common purpose.
Here, 'consorcio' is used to mean a partnership or association, typically involving several organizations or entities working together.
El consorcio internacional anunció un nuevo proyecto innovador.
The international consortium announced a new innovative project.
In this context, 'consorcio' refers to a group of property owners or tenants managing shared spaces within a residential complex or building.
El consorcio de vecinos tiene una reunión mensual para discutir los problemas del edificio.
The homeowners' association has a monthly meeting to discuss building issues.
This use of 'consorcio' emphasizes the idea of an alliance or association that is subject to change or discontinuation based on the relationships among its members.