Definition of Consolidation:
Accounting: (1) Combining assets, equity, liabilities and operating accounts of a parent firm and its subsidiaries into one financial statement. See also consolidated financial statement. (2) Combining two or more firms through purchase, merger, or ownership transfer to form a new firm.
Banking: Paying off two or more old loans with a new loan. See also consolidation loan.
Shipping: Combining several smaller shipments into a full container load or a large shipment to avail of better freight rates. Also called groupage.
Law: Combining two actions (involving the same parties and the same issues) into one action on court orders. Consolidation may or may not result in a single judgment.
The action or process of combining a number of things into a single more effective or coherent whole.
The action or process of making something stronger or more solid.
Synonyms of Consolidation
Anschluss, Abbreviation, Accelerando, Acceleration, Accretion, Addition, Adherence, Adhesion, Affiliation, Agglomeration, Agglutination, Aggravation, Aggregation, Alliance, Amalgamation, Assimilation, Association, Astriction, Astringency, Beefing-up, Blend, Blending, Blowing up, Blowup, Bottleneck, Cabal, Cahoots, Cartel, Centralization, Cervix, Circumscription, Cling, Clinging, Clotting, Clumping, Clustering, Coadunation, Coagulation, Coalescence, Coalition, Coarctation, Coherence, Cohesion, Cohesiveness, Colleagueship, Collegialism, Collegiality, Combination, Combine, Combo, Compactedness, Compaction, Composition, Compression, Compressure, Comradeship, Concentration, Concretion, Condensation, Confederacy, Confederation, Confraternity, Congealment, Congelation, Congeries, Conglobation, Conglomeration, Conjugation, Conjunction, Conspiracy, Constriction, Constringency, Contraction, Contracture, Copartnership, Copartnery, Curtailment, Decrease, Deepening, Densification, Diminuendo, Ecumenism, Embodiment, Encompassment, Enhancement, Enosis, Exacerbation, Exaggeration, Explosion, Federalization, Federation, Fellowship, Fraternalism, Fraternity, Fraternization, Freemasonry, Fusion, Hardening, Heating-up, Heightening, Hookup, Hourglass, Hourglass figure, Inclusion, Incorporation, Information explosion, Inseparability, Integration, Intensification, Isthmus, Junction, Junta, Knitting, League, Magnification, Marriage, Meld, Melding, Mergence, Merger, Merging, Narrow place, Narrowing, Neck, Package, Package deal, Partnership, Pickup, Population explosion, Puckering, Pursing, Redoubling, Reduction, Reinforcement, Set, Shortening, Sodality, Solidification, Sorority, Speedup, Step-up, Sticking, Stranglement, Strangulation, Strengthening, Striction, Stricture, Syncretism, Syndication, Syneresis, Synthesis, Systole, Tie-in, Tie-up, Tightening, Unification, Union, Wasp waist, Wedding, Wrinkling
How to use Consolidation in a sentence?
- A couple that makes a significant amount of money and has numerous assets finally gets married and decides to consider a consolidation of their earnings and assets to simplify their financial situation.
- A client asked me how to better organized and manage their debt and finances. I told them through consolidation of loans they could combine multiple monthly payments into one lump payment focusing on eliminating their debts one by one but as a whole for the ease of budgeting.
- The permanent consolidation of peace.
- A consolidation of data within an enterprise.
- The financing office is exploring consolidation ideas; they hope by consolidating fiscal departments and positions, they can eliminate redundancy and cut overhead costs, increasing revenue.
Meaning of Consolidation & Consolidation Definition