Source : Webster's Revised Unabridged Dictionary (1913)

Consequence \Con"se*quence\, n. [L., consequentia: cf. F.
   cons['e]quence. See {Consequent}.]
   1. That which follows something on which it depends; that
      which is produced by a cause; a result.

            Shun to taste, And shun the bitter consequence.
                                                  --Milton.

   2. (Logic) A proposition collected from the agreement of
      other previous propositions; any conclusion which results
      from reason or argument; inference.

   3. Chain of causes and effects; consecution.

            Such fatal consequence unites us three. --Milton.

            Link follows link by necessary consequence.
                                                  --Coleridge.

   4. Importance with respect to what comes after; power to
      influence or produce an effect; value; moment; rank;
      distinction.

            It is a matter of small consequence.  --Shak.

            A sense of your own worth and consequence. --Cowper.

   {In consequence}, hence; for this cause.

   {In consequence of}, by reason of; as the effect of.

   Syn: Effect; result; end. See {Effect}.

Source : WordNet®

consequence
     n 1: a phenomenon that follows and is caused by some previous
          phenomenon; "the magnetic effect was greater when the
          rod was lengthwise"; "his decision had depressing
          consequences for business"; "he acted very wise after
          the event" [syn: {effect}, {outcome}, {result}, {event},
           {issue}, {upshot}]
     2: the outcome of an event especially as relative to an
        individual; "that result is of no consequence" [syn: {aftermath}]
     3: having important effects or influence; "decisions of great
        consequence are made by the president himself"; "virtue is
        of more moment that security" [syn: {import}, {moment}]
        [ant: {inconsequence}]