Consolidation Meaning: Definition, Examples, and Translations

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consolidation

[kənˌsɒlɪˈdeɪʃ(ə)n ]

Definitions

Context #1 | Noun

financial

The action or process of combining a number of things into a single more effective or coherent whole, especially in relation to financial accounts.

Synonyms

amalgamation, integration, merger.

Examples of usage

  • The company's consolidation of its subsidiaries led to increased efficiency and cost savings.
  • The consolidation of debts into one monthly payment helped the individual better manage their finances.
Context #2 | Noun

education

The act of combining separate subjects or courses to form a comprehensive curriculum or program.

Synonyms

combination, integration, unification.

Examples of usage

  • The school's consolidation of various departments allowed for a more streamlined approach to education.
  • The consolidation of math and science courses into a STEM program was beneficial for students.

Translations

To see the translation, please select a language from the options available.

Origin of 'consolidation'

The word 'consolidation' originated from the Latin word 'consolidare', which means to make firm or solid. The term has been used in various fields such as finance, education, and business to describe the process of combining or merging different elements into a unified whole. The concept of consolidation has been prevalent in history, especially during times of organizational restructuring and efficiency improvements.


See also: consolidatable, consolidated, consolidating.

Word Frequency Rank

At #5,544 in frequency, this word belongs to advanced vocabulary. It's less common than core vocabulary but important for sophisticated expression.