Consortium (noun) Definition, Meaning & Examples

noun, plural con·sor·ti·a [kuhn-sawr-shee-uh, -tee-uh]. /kənˈsɔr ʃi ə, -ti ə/.
  1. a combination of financial institutions, capitalists, etc., for carrying into effect some financial operation requiring large resources of capital.
  2. any association, partnership, or union.
  3. 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 plural -tia (-tɪə)
  1. an association of financiers, companies, etc, esp one formed for a particular purpose
  2. the right of husband or wife to the company, assistance, and affection of the other
Consortium (noun) Definition, Meaning & Examples

More Definitions