noun
- the action or process of making something stronger or more solid
- the combination of a number of things into a single more effective or coherent whole
- the action of combining several financial accounts or debts into one
Usage: finance
Examples
- The consolidation of power made the government more stable.
- The company announced the consolidation of its three divisions.
- Debt consolidation can help reduce monthly payments.
- The consolidation of the two schools created a larger student body.
- Memory consolidation occurs during sleep.
- The consolidation of democracy took several years.
- Bank consolidation has reduced competition in the industry.