consortium
Americannoun
plural
consortia-
a combination of financial institutions, capitalists, etc., for carrying into effect some financial operation requiring large resources of capital.
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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.
noun
-
an association of financiers, companies, etc, esp one formed for a particular purpose
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law the right of husband or wife to the company, assistance, and affection of the other
Other Word Forms
- consortial adjective
Etymology
Origin of consortium
1820–30; < Latin: partnership, equivalent to consort- consort + -ium -ium
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
It sold the project to a Chinese consortium.
At the time a Spanish-led consortium had just begun work on a high-speed link across the Saudi Arabian desert, confirming the country's status as a rail superpower.
From BBC
A deal between the U.S. and China to sell TikTok’s American business to a consortium of investors has finally been approved.
From Barron's
That deal has now closed with ByteDance signing an agreement to split the US app from the rest of its global business under a new consortium of companies that includes Oracle.
From BBC
A deal between the U.S. and China to sell TikTok’s U.S. business to a consortium of investors has been approved.
From Barron's
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
