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1.
another description for virtual reality, especially when it involves multiple users interacting in a virtual space

"consensual reality" and virtual reality were made popular by writers like William Gibson (Neuromancer, Johnny Mnemonic) and Neal Stephenson (SnowCrash) -- to truly understand VR and consensual reality, you should read them
"Yes, I achieved a form of sexual intimacy with my partner in consensual reality last night."

"Hey Professor! You mean you banged your squeeze in cyber last night? You da man! I told you VR sex was hot!"

by dsimms January 13, 2008
 
2.
An accepted, or conventional view of reality which although limited, is widely accepted, to the exception of a different view.
I know this is outside consensual reality, but try to keep an open mind.
by Dragonbeast June 23, 2007