[ kuh n-sawr-shee-uh m, -tee- ]
/ kənˈsɔr ʃi əm, -ti- /
noun, plural con·sor·ti·a [kuh n-sawr-shee-uh, -tee-uh] /kənˈsɔr ʃi ə, -ti ə/.
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.
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Origin of consortium
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
/ (kənˈsɔːtɪəm) /
noun plural -tia (-tɪə)
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
Word Origin for consortium
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 Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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