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.
The firm has sought to sell its Panama Canal ports to a consortium led by US asset manager BlackRock.
From Barron's
Greensands Future, which is backed by a consortium led by British multinational chemicals company Ineos, will become the EU's first large-scale offshore CO2 storage site, when commercial operations get underway in the next few months.
From BBC
Three weeks later, Sanomi's company was part of a consortium that was awarded a new oil mining lease by her, the court heard.
From BBC
It sold the project to a Chinese consortium.
At the time a Spanish-led consortium had just begun work on a high-speed link across the Saudi Arabian desert, confirming the country's status as a rail superpower.
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.
