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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
/ əˈɔːɪə /
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 51Թ Forms
- consortial adjective
51Թ History and Origins
Origin of consortium1
51Թ History and Origins
Origin of consortium1
Example Sentences
That process “is not broken and doesn’t need fixing,” said Pearl, the consortium’s director.
Former Real Madrid and Wales star Gareth Bale is part of a US-based consortium's attempt to take over League One club Plymouth Argyle.
Compensation payments are currently subject to ongoing discussions between the Welsh government, Future Valleys consortium behind the final £1bn stretch of the road, and individuals affected by the scheme.
It would reportedly see Iran halt production of enriched uranium - which can be used to make reactor fuel but also nuclear weapons - and instead rely on a regional consortium for supplies.
Thames Water is effectively owned by its lenders and a consortium of them has prepared a plan to raise equity which sources say is ready to go and fully funded.
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