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English definition of “consolidate”

consolidate

verb
 
 
/kənˈsɒlɪdeɪt/
[I or T] to become or make something stronger or more successful: Net assets rose to £758 million, consolidating the company's position as a member of the FTSE 250 index. The company has been growing too rapidly and it is now time to stop the expansion and consolidate.
[I or T] to join the different parts of something together, or to be joined: The business plan is based on consolidating a fragmented but growing market. There is still scope for European industries to consolidate.consolidate sth into/with sth Manufacturing has been consolidated into fewer plants worldwide. They considered consolidating all their small debts and taking out a new loan to cover them.
[T] ACCOUNTING to show the financial results of a group of companies in one set of figures, rather than showing the results of each company separately: When a group of companies share some economic value, it may be necessary to consolidate group accounts in order to determine the profit and loss.
[T] TRANSPORT to put items together in order to send or transport them: Your shipment will be consolidated with those of other customers and transported by container.
(Definition of consolidate from the Cambridge Business English Dictionary © Cambridge University Press)
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