Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “consolidation”

consolidation

noun [C or U]
 
 
/kənˌsɒlɪˈdeɪʃən/
the situation in which two or more things, for example companies or organizations, are joined together: Greater market share can be achieved in the long term through industry consolidation. The takeovers came amid a wave of consolidation as the so-called Big Oil companies gobbled up competitors. We have recently seen a consolidation of booksellers and distributors.consolidation of sth and sth (into sth) the consolidation of the repair and service operations into one department The company can offer various options for the consolidation of your outstanding debts.
the process of becoming or of making something stronger or more successful: Efforts are being focused on the consolidation of their position as a major player in the telecoms market.
ACCOUNTING the process of combining the accounts of a group of companies in one set of figures: This report contains a consolidation of the group's accounts for the financial year 2011-2012.
TRANSPORT the process of putting items together in order to send or transport them: Consolidation can significantly reduce the cost of moving smaller volumes of goods. →  See also debt consolidation
(Definition of consolidation from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of consolidation?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “consolidation”

Word of the Day

make believe

believing or imagining things that appear to be attractive or exciting, but are not real

Word of the Day

Lies, lies, lies!

by Kate Woodford,
February 25, 2015
​​​ According to sociologists (=people who study the relationships between people living in groups), we are good at lying. As a species, we have developed a remarkable ability to deceive each other (= persuade each other that something false is true). Being able to say things that are not true can help with

Read More 

showrooming noun

February 23, 2015
the activity of examining a product in a physical store and then making the purchase with an online retailer Amazon’s new smartphone is specifically designed to make showrooming fast and easy.

Read More