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Related to Consortium: Loss of consortium


1. an association of financiers, companies, etc., esp one formed for a particular purpose
2. Law the right of husband or wife to the company, assistance, and affection of the other



in biogeocenology, an association of populations of organisms whose vital activity revolves around the central species of a phytocoenosis, an autotrophic plant.

An edificator, the main species that determines the characteristics of the phytocoenosis, usually acts as the central species of the consortium. Other species, including heterotrophic organisms (parasites, saprophytes), are sometimes associated with the central species in a one-sided manner—through consumption or in providing shade. This nucleus of a consortium is the source of existence for the second, third, and subsequent circles that are made up of organisms that destroy the organic matter created by the central and other autotrophic species that use the energy they contain. The term “consortium” has been applied in the 1970’s to the symbiosis of certain plants (for example, the alga and fungus that make up a lichen).



a temporary agreement between several capitalist banks and/or industrial companies to extract monopolistic profits through the joint investment of a loan or the realization of a common large-scale industrial project.

One of the forms of fusing of bank and industrial capital, the consortium has developed particularly since World War II. The participants of the consortium can include both private and government organizations. In the 1960’s consortiums of a new type, with entire countries as members, came into existence. Under the conditions of the scientific and technological revolution, corsortiums have arisen in new sectors and at the junctions of different sectors. In such cases, besides the fusion of capital, joint scientific research is also envisaged. When a consortium is founded, the companies participating in it fully preserve their independence, but in the particular field of activity of the consortium they are subordinated to a jointly elected management. A characteristic feature of a consortium is the inequality of the relationship among the participants.


References in periodicals archive ?
For example, the consortium can agree to pay no more than $1 O0 a ton for rock salt, but vendors don't know this and offer the lowest bid.
And in the present day, adds Moses, it's not surprising that consortium members have found common ground even though they are geographically far apart.
In view of the facts mentioned above, the INDEST consortium was formed in 2003 on the recommendation of an Expert Group.
While the Globus Consortium is not a standards body, it does intend to work in tandem with existing Grid standards bodies--such as the Global Grid Forum (GGF)--to further drive implementation of standards that best support enterprise Grid implementations.
With the help of its International Practice Group, the law firm finds partners and services for deals their clients want to assemble in the former Eastern Europe or they fill in the missing players for projects that are presented to the consortium.
Northeast & the Islands Regional Technology in Education Consortium, www.
Of course, it should be pointed out that OCLC grew out of a statewide library consortium.

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