[kuhn-sawr-shee-uhm, -tee-]
noun, plural consortia [kuhn-sawr-shee-uh, -tee-uh] .
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.

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

consortial, adjective Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
consortium (kənˈsɔːtɪəm)
n , pl -tia
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
[C19: from Latin: community of goods, partnership; see consort]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

1829, from L. consortium, lit. "partnership," from consors (see consort (v.)). 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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Computing Dictionary

consortium definition

A group of two or more companies, educational institutions, governments or other bodies with some shared purpose.
Examples from computing include the World Wide Web Consortium (W3C), Apache Software Foundation, The Open Group, X Consortium.

The Free On-line Dictionary of Computing, © Denis Howe 2010
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Example sentences
Each involves a different consortium of presses with particular interest in
  that area.
The consortium duly committed itself to another round of green good works.
He will probably be part of a consortium bidding to take the firm private.
He wants to put together a consortium of five companies.
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