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consortium
[kuhn-sawr-shee-uhm, -tee-]
noun
plural
consortiaa 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.
consortium
/ kənˈsɔːtɪəm /
noun
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
Other Word Forms
- consortial adjective
Word History and Origins
Origin of consortium1
Word History and Origins
Origin of consortium1
Example Sentences
The Telegraph has been in limbo for over two years, when the RedBird IMI consortium paid off the debts of the Telegraph's previous owners, the Barclay family, hoping to take eventual ownership of the newspapers.
It is also supporting a way to enable artists to say where and how AI was used in a track, through a system by a consortium of industry members called DDEX.
Under PFI deals, private consortiums build facilities such as schools, hospitals and roads, in return for regular payments over as many as 30 years.
Paramount on Tuesday denied a report from Variety that it was forming an investment consortium with three Middle East sovereign-wealth funds to submit a bid.
Israel was the first country outside of the consortium of nations that were involved in the development of the fighter to buy the F-35.
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