consortium
Americannoun
plural
consortia-
a combination of financial institutions, capitalists, etc., for carrying into effect some financial operation requiring large resources of capital.
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any association, partnership, or union.
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Law. the legal right of partners in a marriage to companionship and conjugal intercourse with each other.
In a wrongful death action the surviving spouse commonly seeks damages for loss of consortium.
noun
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an association of financiers, companies, etc, esp one formed for a particular purpose
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law the right of husband or wife to the company, assistance, and affection of the other
Other Word Forms
- consortial adjective
Etymology
Origin of consortium
1820–30; < Latin: partnership, equivalent to consort- consort + -ium -ium
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
BlueScope said its board had unanimously rejected the consortium's "highly opportunistic" bid.
From Barron's
“The consortium’s takeover proposal failed to adequately recognize the value of BlueScope’s assets and comes at a time of lower steel spreads in Asia,” the company said.
As the model continues to grow across the game globally, it remains to be seen just how consortiums will adapt to manage all of their assets, and whether fans will continue to accept it.
From Barron's
Elliott is contributing about one-third of the equity and is working with a consortium of investors, the people familiar with the situation said.
On the other hand, some think the analytics at least provide a plan and the consortium being involved with other clubs at least means they offer some experience.
From BBC
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
