consolidationkənˌsɒl ɪˈdeɪ ʃən
consolidation (n)
- plural
- consolidations
English Definitions:
consolidation (noun)
combining into a solid mass
consolidation, integration (noun)
the act of combining into an integral whole
"a consolidation of two corporations"; "after their consolidation the two bills were passed unanimously"; "the defendants asked for a consolidation of the actions against them"
consolidation (noun)
something that has consolidated into a compact mass
"he dropped the consolidation into the acid bath"
consolidation (Noun)
The act or process of consolidating, making firm, or uniting; the state of being consolidated; solidification; combination.
consolidation (Noun)
The combination of several actions into one.
consolidation (Noun)
A solidification into a firm dense mass. It is usually applied to induration (swelling or hardening of normally soft tissue) of a normally aerated lung.
Consolidation
Consolidation or amalgamation is the act of merging many things into one. In business, it often refers to the mergers and acquisitions of many smaller companies into much larger ones. In the context of financial accounting, consolidation refers to the aggregation of financial statements of a group company as consolidated financial statements. The taxation term of consolidation refers to the treatment of a group of companies and other entities as one entity for tax purposes. Under the Halsbury's Laws of England, 'amalgamation' is defined as "a blending together of two or more undertakings into one undertaking, the shareholders of each blending company, becoming, substantially, the shareholders of the blended undertakings. There may be amalgamations, either by transfer of two or more undertakings to a new company, or to the transfer of one or more companies to an existing company". Thus, the two concepts are, substantially, the same. However, the term amalgamation is more common when the organizations being merged are private schools or regiments.
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"consolidation." Kamus.net. STANDS4 LLC, 2024. Web. 7 Nov. 2024. <https://www.kamus.net/english/consolidation>.
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