consolidation Meaning in the Cambridge English Dictionary

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

stop at nothing

If you stop at nothing to achieve something, you are willing to do anything in order to achieve it, even if it involves danger, great effort, or harming other people.

Word of the Day

There is no such thing as a true synonym in English. Discuss!
There is no such thing as a true synonym in English. Discuss!
by Kate Woodford,
November 25, 2015
In the Cambridge Advanced Learner’s Dictionary the word ‘synonym’ is defined as ‘a word or phrase that has the same or nearly the same meaning as another word or phrase in the same language’. As you might expect, definitions for this word are broadly similar in other dictionaries and yet the italicized

Read More 

climatarian adjective
climatarian adjective
November 23, 2015
choosing to eat a diet that has minimal impact on the climate, i.e. one that excludes food transported a long way or meat whose production gives rise to CO2 emissions Climate change is not normally on people’s minds when they choose what to have for lunch, but a new diet is calling for

Read More