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consortium

[kuh n-sawr-shee-uh m, -tee-] /kənˈsɔr ʃi əm, -ti-/
noun, plural consortia
[kuh n-sawr-shee-uh, -tee-uh] /kənˈsɔr ʃi ə, -ti ə/ (Show IPA)
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.
Origin
1820-1830
1820-30; < Latin: partnership, equivalent to consort- consort + -ium -ium
Related forms
consortial, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for consortial

consortium

/kənˈsɔːtɪəm/
noun (pl) -tia (-tɪə)
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
Derived Forms
consortial, adjective
Word Origin
C19: from Latin: community of goods, partnership; see consort
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Word Origin and History for consortial

consortium

n.

1829, from Latin consortium "fellowship, participation, society," from consors (genitive consortis; see consort (n.)). Earlier, in British law, a term for "right of husband's access to his wife."

Online Etymology Dictionary, © 2010 Douglas Harper
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