Other forms: consolidations
Consolidation is the joining or strengthening of separate parts. Industry consolidation, debt consolidation, a period of consolidation.
In business it means firms merging until few are left, and in personal finance it means rolling several debts into one loan, which lowers the payment and usually raises the total. In law it is the gathering of scattered statutes into one act.
1nounconsolidationThe joining or strengthening of separate parts.
“The merger was part of a wider consolidation of the banking industry.”
consolidation is a joining.
Latin consolidatio comes from consolidare, to make firm, from com plus solidus, solid.
Latin
consolidatio
English, today
consolidation
From Latin consolidatio, from cōnsolidō.
Etymology from Wiktionary, CC BY-SA