Saturday, May 18, 2013
Definitions for consortium
- any association, partnership, or union.
- a combination of financial institutions, capitalists, etc., for carrying into effect some financial operation requiring large resources of capital.
- 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.
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Citations for consortium
A consortium of companies that make radio-based identification tags, scanners and related software said yesterday that they planned to pool their patents in a venture that would provide one-stop licensing and royalty management.
This new foundation would assist the consortium to make policy, and advise the U.N. on Mars-related matters.
Origin of consortium
Consortium entered English in the 1820s. It comes from the Latin word for partnership, consort.