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consortium - 4 dictionary results

con⋅sor⋅ti⋅um

[kuhn-sawr-shee-uhm, -tee-]
–noun, plural -ti⋅a [-shee-uh, -tee-uh] .
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 husband and wife to companionship and conjugal intercourse with each other: In a wrongful death action the surviving spouse commonly seeks damages for loss of consortium.

Origin:
1820–30; < L: partnership, equiv. to consort- consort + -ium -ium


con⋅sor⋅ti⋅al, adjective
con·sor·ti·um   (kən-sôr'tē-əm, -shē-əm)   
n.   pl. con·sor·ti·a (-tē-ə, -shē-ə)
    1. An association or a combination, as of businesses, financial institutions, or investors, for the purpose of engaging in a joint venture.
    2. A cooperative arrangement among groups or institutions: a library consortium.
  1. An association or society.
  2. Law The right of a spouse to the company of, help of, affection of, and sexual relations with his or her mate.

[Latin, fellowship, from cōnsors, cōnsort-, partner; see consort.]
con·sor'ti·al adj.

consortium

A group of organizations that participate in a joint venture. Airbus Industrie, a European airplane manufacturer, is a consortium of four public and private corporations in Britain, France, Spain, and Germany.

Language Translation for : consortium
Spanish: consorcio,
German: die Vereinigung,
Japanese: (国際) 借款団

Main Entry: con·sor·tium
Pronunciation: k&n-'sor-sh&m; -shE-&m
Function: noun
Inflected Form: plural -sor·tia /-sh&, -shE-&/ also -sortiums
Etymology: Latin, sharing, partnership, from consort- consors sharer, partner
1 : an agreement, combination, or group (as of companies) formed to undertake an enterprise beyond the resources of any one member
2Etymology: Medieval Latin, marital partnership, from Latin
: the right of one spouse to the company, affection, and assistance of and to sexual relations with the other; also : the right of a parent or child to the company, affection, and assistance of the other consortium> —compare SOCIETY
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