Learn English – “Alliance,” “consortium” versus “syndicate”

word-difference

From Oxford Advanced Learner’s Dictionary (in the sense related to a particular group):

❍ alliance : a group of people, political parties, etc. who work together in order to achieve something that they all want

❍ consortium : a group of people, countries, companies, etc. who are working together on a particular project

❍ syndicate : group of people or companies who work together and help each other in order to achieve a particular aim

The definitions of those three words look alike. Are there any differences between them?

Best Answer

An alliance tends to involve mutual support, but does not necessarily have a common interest, a specific objective or a plan. It does not necessarily involve a long-term commitment. An extreme example of this is when two people or groups with very little in common are forced to cooperate. This is called an unholy alliance.

A consortium involves a specific project, usually business related. For example, a group of people who invest money in a specific business venture, but have nothing else in common, could be described as a consortium.

A syndicate best describes a group of people who, even if they did not collaborate, would have some natural common interest, for example workers in a particular industry or newspapers in a particular region. They can improve the strengh of their position, particularly financially, by sharing information and negotiating and acting collectively.

Related Topic