Meaning of “consolidate” in the English Dictionary

"consolidate" in British English

See all translations

consolidateverb [ I or T ]

uk /kənˈsɒl.ɪ.deɪt/ us /kənˈsɑː.lə.deɪt/

to become, or cause something to become, stronger, and more certain:

The success of their major product consolidated the firm's position in the market.
She hoped that marriage would consolidate their relationship.
The party consolidated its hold on power during its term of office.
The company has been expanding rapidly, and I feel it's now time to consolidate (= stop growing and make our present position stronger).

to combine several things, especially businesses, so that they become more effective, or to be combined in this way:

The two firms consolidated to form a single company.
consolidated
adjective uk /kənˈsɒl.ɪ.deɪ.tɪd/ us /kənˈsɑː.lə.deɪ.t̬ɪd/

consolidated trading/accounts
consolidation
noun [ C or U ] uk /kənˌsɒl.ɪˈdeɪ.ʃən/ us /kənˌsɑː.ləˈdeɪ.ʃən/

The company is entering a period of consolidation (= becoming better and stronger at what it does).
We have seen a similar consolidation (= joining together) of booksellers and distributors.

(Definition of “consolidate” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"consolidate" in American English

See all translations

consolidateverb [ I/T ]

us /kənˈsɑl·əˌdeɪt/

to bring together or unite things that were separate:

[ I ] Our offices had been spread among three buildings, and then we consolidated into one new high-rise.

To consolidate is also to make stronger by some action or event:

[ T ] The governor consolidated his power, getting his allies into key state jobs.
consolidated
adjective [ not gradable ] us /kənˈsɑl·əˌdeɪ·t̬ɪd/
consolidation
noun [ U ] us /kənˌsɑl·əˈdeɪ·ʃən/

(Definition of “consolidate” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"consolidate" in Business English

See all translations

consolidateverb

uk /kənˈsɒlɪdeɪt/ us

[ 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)