consolidation Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “consolidation” in the English Dictionary

"consolidation" in Business English

See all translations

consolidationnoun [C or U]

uk   us   /kənˌsɒlɪˈdeɪʃən/
the ​situation in which two or more things, for ​examplecompanies or ​organizations, are ​joined together: Greater ​marketshare can be ​achieved in the ​longterm 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 ​serviceoperations into one ​department The ​company can ​offer various ​options for the consolidation of your ​outstandingdebts.
the ​process of becoming or of making something ​stronger or more ​successful: Efforts are being ​focused on the consolidation of their ​position as a ​majorplayer in the ​telecomsmarket.
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 ​financialyear 2011-2012.
TRANSPORT the ​process of putting ​items together in ​order to ​send or ​transport them: Consolidation can significantly ​reduce the ​cost of ​movingsmallervolumes of ​goods.
(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

“consolidation” in Business English

More meanings of “consolidation”

Word of the Day

carnival

(a special occasion or period of) public enjoyment and entertainment involving wearing unusual clothes, dancing, and eating and drinking, usually held in the streets of a city

Word of the Day

Chest pains and palpitations: talking about illness (2)
Chest pains and palpitations: talking about illness (2)
by Liz Walter,
February 03, 2016
My previous post (My leg hurts: Talking about illness (1)) presented some general vocabulary to use at the doctor’s. This one looks at some more specific areas of illness and explains some useful words and phrases that you may need to use or understand on a visit to the doctor’s. There are several

Read More 

farecasting noun
farecasting noun
February 08, 2016
predicting the optimum date to buy a plane ticket, especially on a website or using an app A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting – predicting the best date to buy a ticket.

Read More