Consortium meaning

kən-sôrtē-əm, -shē-əm
The typical collection of benefits arising from marriage, including companionship, love, assistance, and sexual relations, which may have value recognized under law.
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(law) The companionship and support provided by marriage, including the right of each spouse to receive this from the other.
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A group of companies that join together to attain a specific goal. When the goal is achieved the consortium typically disbands. It is a way for companies to work together that is less formal than a joint venture or a strategic partnership.
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A similar arrangement among non-commercial institutions or organizations.
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The definition of a consortium is an association or alliance, or a legal right of one spouse to have companionship and support with the other.

An example of consortium is several banks banding together.

An example of consortium is the right of a wife to spend time with her husband.

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The affection, companionship, and sexual gratification that one receives from another, especially from a spouse or, in some states, a fellow participant in a civil union. See also alienation of affections and conjugal rights.
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In some states, the affection and companionship between a parent and a child. See also alienation of affections.
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The loss of such affection, companionship, and sexual gratification as a result of the negligent or intentional injury or death of a spouse. May be the basis for a tort action for alienation of affections or an element in determining the damages awarded in a wrongful injury or death lawsuit.
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An association or combination of businesses, financial institutions, or investors, for the purpose of engaging in a joint venture.
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An association or society.
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(law) The right of a spouse to all the normal relationships with his or her mate.
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An association or society.
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A partnership or association.
  • A temporary alliance of two or more business firms in a common venture.
  • An international banking agreement or association.
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Origin of consortium

  • Latin fellowship from cōnsors cōnsort- partner consort

    From American Heritage Dictionary of the English Language, 5th Edition

  • From Latin consortio ("bound destiny; the same destiny") prefix con- "with" + noun sortitus ("casting lots", "decide by lots").

    From Wiktionary