Consolidate: meaning, definitions and examples
๐
consolidate
[ kษnหsษlษชdeษชt ]
business
To combine several things into a single more effective or coherent whole.
Synonyms
Which Synonym Should You Choose?
Word | Description / Examples |
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consolidate |
Typically used in business or finance when discussing the process of making something stronger or more solid, often by bringing different elements together. It can also mean to make something more coherent or stronger.
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merge |
Commonly used in business and technology when two entities come together to become one. It often implies a process where distinct elements blend seamlessly into one entity, sometimes keeping distinct elements intact.
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unify |
Usually used when talking about bringing different parts or people together to form a single coherent whole, often emphasizing harmony and agreement. Frequently seen in political, social, or emotional contexts.
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combine |
Appropriate in general contexts when talking about putting different things together to form a whole. It has a broad usage and is suitable for less formal situations.
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Examples of usage
- Let's consolidate all our debts into one loan.
- The company decided to consolidate its various departments into one unified team.
finance
To strengthen a company's financial position by reducing debt or increasing assets.
Synonyms
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
consolidate |
Used when you want to combine multiple elements into a single more effective or stronger unit. Often used in business, finance, and politics.
|
strengthen |
A general term for making something stronger or more powerful. It is applicable in a variety of contexts including physical, emotional, and structural strengthening.
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fortify |
Often used when referring to physical strengthening or adding defenses. Can also be used metaphorically for emphasizing strengthening resolve or defenses.
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bolster |
Used to describe offering support or strengthening something, particularly in terms of morale, confidence, or arguments. It can be used in both personal and professional settings.
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Examples of usage
- The company plans to consolidate its financial standing by selling off non-core assets.
- In order to consolidate its position in the market, the company decided to reduce its debt.
technology
To centralize multiple systems or processes into a single unified system or process.
Synonyms
centralize, integrate, streamline.
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
consolidate |
Consolidate is best used when you are bringing together multiple elements into a single, stronger, or more coherent unit. This often applies in business contexts such as merging departments or combining financial statements.
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centralize |
Centralize is used when you are bringing control or authority to a single, central point. This is common in organizational contexts where decision-making or management is being concentrated in one location or team.
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streamline |
Streamline is best used when you are simplifying a process or making something more efficient by eliminating unnecessary steps. It often applies to workflows, production methods, or business practices aimed at reducing complexity and increasing efficiency.
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integrate |
Integrate is suitable when you are combining components or systems so that they work together effectively as a whole. It is often used in technology, social, or organizational contexts where interoperability and synergy are important.
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Examples of usage
- The IT department aims to consolidate all servers into a cloud-based system.
- The software update will consolidate the different functions into a more streamlined process.
Translations
Translations of the word "consolidate" in other languages:
๐ต๐น consolidar
๐ฎ๐ณ เคธเคฎเฅเคเคฟเคค เคเคฐเคจเคพ
๐ฉ๐ช konsolidieren
๐ฎ๐ฉ mengonsolidasikan
๐บ๐ฆ ะบะพะฝัะพะปัะดัะฒะฐัะธ
๐ต๐ฑ konsolidowaฤ
๐ฏ๐ต ็ตฑๅใใ (ใจใใใใใ)
๐ซ๐ท consolider
๐ช๐ธ consolidar
๐น๐ท konsolide etmek
๐ฐ๐ท ํตํฉํ๋ค (ํตํฉํ๋ค)
๐ธ๐ฆ ุฏู ุฌ
๐จ๐ฟ konsolidovat
๐ธ๐ฐ konsolidovaลฅ
๐จ๐ณ ๅทฉๅบ (gวnggรน)
๐ธ๐ฎ konsolidirati
๐ฎ๐ธ sameina
๐ฐ๐ฟ ะฑัััะบัััั
๐ฌ๐ช แแแแกแแแแแแชแแ
๐ฆ๐ฟ konsolidasiya etmษk
๐ฒ๐ฝ consolidar
Etymology
The word 'consolidate' originates from the Latin word 'consolidatus', which means 'made firm'. The term has been used in various contexts throughout history, such as in business, finance, and technology. The concept of consolidation has always been associated with bringing things together for strength and coherence.