A partner or member in a consortium, that is, an association of companies or people formed to carry out a joint business transaction. This term is mainly used in business and legal contexts.
example
Die Bank und ihre Konsorten haben den Börsengang des Unternehmens begleitet.
The bank and its consortium partners managed the company's IPO.
Usage tips
Context clue
The meaning depends heavily on context. In a business context (banks, companies), it refers to a partner. In stories about criminal or dubious activities, it refers to an accomplice.
EXAMPLE
Die beteiligten Banken und ihre Konsorten garantieren die Finanzierung.
The participating banks and their consortium partners guarantee the financing.
Derogatory meaning
The second meaning is always negative or derogatory. The plural form 'Konsorten' (accomplices) in particular is often used dismissively for a group of people one does not like or whose actions one condemns.
EXAMPLE
Ich will mit diesem Betrüger und seinen Konsorten nichts zu tun haben.
I don't want anything to do with this fraudster and his accomplices.
Register
In the meaning 'partner,' 'Konsorte' (consortium partner) is a technical term from business and legal life. In everyday language, you will hardly hear this word used in this sense.
EXAMPLE
Jeder Konsorte des Konsortiums haftet für seinen Anteil.
Each consortium partner in the consortium is liable for its share.
Compare with
near_synonym
Konsorte vs Partner
partner
'der Partner' and 'der Konsorte' can both mean someone involved in a business cooperation. 'Partner' is the normal, broad word for professional or business cooperation. 'Konsorte' is much more specific and is used mainly in business or legal contexts when several companies or people work together in a consortium. In everyday language, people almost always say 'Partner'. 'Konsorte' sounds technical and fits better with large projects, banks, construction projects, or official contracts.
Konsorte
Die Bank hat den Vertrag zusammen mit mehreren Konsorten unterschrieben.
The bank signed the contract together with several consortium partners.
Partner
Beim Training brauche ich einen Partner für die Übungen.
During training, I need a partner for the exercises.