Advertisement
Advertisement
consortium
[ kuhn-sawr-shee-uhm, -tee- ]
noun
- a combination of financial institutions, capitalists, etc., for carrying into effect some financial operation requiring large resources of capital.
- any association, partnership, or union.
- 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
- an association of financiers, companies, etc, esp one formed for a particular purpose
- law the right of husband or wife to the company, assistance, and affection of the other
Derived Forms
- conˈsortial, adjective
Other Words From
- con·sorti·al adjective
Word History and Origins
Origin of consortium1
Word History and Origins
Origin of consortium1
Example Sentences
Andy Higginson, chair of JD Sports and the British Retail Consortium, which represents supermarkets, said tax increases from April, including a rise in National Insurance, would lead to a jump in costs for shoppers.
Italy’s Parmigiano Reggiano Consortium – the cheesemakers behind the world’s most stolen cheese – have said that the black market for that variety is “robust”.
In 2022, the consortium began introducing tracking chips, no larger than a grain of rice, as part of the label embedded in the hard rind of the cheese.
The consortium is yet to release any figures showing whether the technology is cutting down levels of fraud.
A consortium led by US businessman Steve Rosen is close to completing a £105m takeover of Sheffield United.
Advertisement
Advertisement
Advertisement
Advertisement
Browse