The word FRUXIUM is a portmanteau; a word that results from blending two or more words, or parts of words, such that the portmanteau word expresses some combination of the meaning of its parts. It is the combination of a noun and a suffix borrowed from Latin.
frux, frugis
from the root FRUG; v. fruor
noun (f., 3rd declension)
- fruits of the earth, produce of the fields, pulse, legumes, fruits
- results, success, value
- to moral worth, excellence, virtue
Source: https://latinlexicon.org
-ium
a suffix found on nouns borrowed from Latin
…. often denoting the associated status or office (collegium, consortium, magestrium)
Source: https://www.thefreedictonary.com
Hence; FRUXIUM is an office associated with results and excellence and a place where value creation is enabled.