consortium

[kuhn-sawr-shee-uhm, -tee-]

noun

plural

consortia 

1. a combination of financial institutions, capitalists, etc., for carrying into effect some financial operation requiring large resources of capital.

2. any association, partnership, or union.

3. 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.

consortium

/ kənˈsɔːtɪəm /

noun

1. an association of financiers, companies, etc, esp one formed for a particular purpose

2. law the right of husband or wife to the company, assistance, and affection of the other

Other Word Forms

• consortial adjective

Word History and Origins

Origin of consortium¹

1820–30; < Latin: partnership, equivalent to consort- consort + -ium -ium

Word History and Origins

Origin of consortium¹

C19: from Latin: community of goods, partnership; see _consort

Example Sentences

Results did not quickly follow with Chelsea finishing 12th and sixth in the first two years under the American consortium.

From BBC

The Shrimps were taken over by the Panjab Warriors consortium on Sunday, ending a lengthy period of uncertainty for the National League club.

From BBC

Conveniently for the current ownership, that period now fully covers the era under the US-led consortium.

From BBC

That process “is not broken and doesn’t need fixing,” said Pearl, the consortium’s director.

From Los Angeles Times

Former Real Madrid and Wales star Gareth Bale is part of a US-based consortium's attempt to take over League One club Plymouth Argyle.

From BBC

Related Words

• association 
• body 
• business 
• circle 
• club 
• company 
• cooperative 
• corporation 
• establishment 
• federation 
• industry 
• institute 
• institution 
• league 
• party 
• society 
• team 
• union