Definition of «consolidation»

Usage examples

1. Debt consolidation: Combining multiple debts into a single loan or payment plan to simplify repayment and potentially reduce interest rates.
2. Business consolidation: Merging or acquiring smaller businesses to create a larger and more efficient organization.
3. Data consolidation: Gathering data from different sources and storing it in a central location for easier analysis and management.
4. Military consolidation: Reducing the number of military bases or units in a specific area to streamline operations and reduce costs.
5. Energy consolidation: Integrating renewable energy sources with traditional power grids to create a more sustainable and reliable energy system.
6. Asset consolidation: Combining various assets, such as investments or properties, into a single portfolio for better management and diversification.
7. Regional consolidation: Coordinating efforts and resources among neighboring cities or territories to achieve common goals or address shared challenges.
8. Family consolidation: Combining households or merging families' resources, such as finances or responsibilities, to improve overall stability and efficiency.
9. Financial consolidation: Aggregating financial statements of multiple subsidiaries or divisions of a company into a single, comprehensive report for analysis and decision-making.