Consortium
Term · Law · MLC-T-LAW-001211
A temporary association of two or more individuals, companies, or governments formed to undertake a major project or achieve a common objective. Members typically pool resources and share risks and profits. In family law, it can refer to the marital right of a spouse to the company, affection, and assistance of their partner.
| Identifier | MLC-T-LAW-001211 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001211",
"term": "Consortium",
"field": "Law",
"definition": "A temporary association of two or more individuals, companies, or governments formed to undertake a major project or achieve a common objective. Members typically pool resources and share risks and profits. In family law, it can refer to the marital right of a spouse to the company, affection, and assistance of their partner.",
"url": "https://mlchart.com/terminology/law/consortium/"
}
Record 1,051 of 5,441 in Law terminology (MLC-0107). Request the full dataset.