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

hoppy

like hops (= dried fruit used to make beer)

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More