What do English people call an association of two or more individuals or companies engaged in a solitary business enterprise for profit without actual partnership or incorporation?
Is there a single word to describe this association?
What do English people call an association of two or more individuals or companies engaged in a solitary business enterprise for profit without actual partnership or incorporation?
Is there a single word to describe this association?
In addition to consortium (a correct term), cooperative and syndicate are suitable.
Also (and this not legal advice) in the US, at least, if two or more individuals engage in a business enterprise for profit, then this is an 'actual partnership' whether or not you file papers declaring such.