consortium Hear it!

consortium definition

con·sor·tium (kən sôrt′ē əm; -sôr′s̸hē əm, -s̸həm)

noun pl. consortia -·tia (-ə)

  1. a partnership or association; specif.,
    1. a temporary alliance of two or more business firms in a common venture
    2. an international banking agreement or association
  2. Law the companionship and support provided by marriage, including the right of each spouse to receive this from the other

Etymology: L, community of goods: see consort

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