Consolidation: meaning, definitions and examples
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consolidation
[ kənˌsɒlɪˈdeɪʃ(ə)n ]
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.
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
Translations of the word "consolidation" in other languages:
🇵🇹 consolidação
🇮🇳 समेकन
🇩🇪 Konsolidierung
🇮🇩 konsolidasi
🇺🇦 консолідація
🇵🇱 konsolidacja
🇯🇵 統合
🇫🇷 consolidation
🇪🇸 consolidación
🇹🇷 konsolidasyon
🇰🇷 통합
🇸🇦 توحيد
🇨🇿 konsolidace
🇸🇰 konsolidácia
🇨🇳 合并
🇸🇮 konsolidacija
🇮🇸 sameining
🇰🇿 консолидация
🇬🇪 კონსოლიდაცია
🇦🇿 konsolidasiya
🇲🇽 consolidación
Word origin
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.