Consolidation - Definition, What is Consolidation, Advantages of Consolidation, and Latest News - ClearTax (2024)

FAQs

What is the meaning and definition of consolidation? ›

: the process of uniting : the quality or state of being united. specifically : the unification of two or more corporations by dissolution of existing ones and creation of a single new corporation. 3.

Consolidation can lead to a concentration of market share and a bigger customer base. Some of the disadvantages of consolidation include dealing with cultural differences between firms and potential issues with personnel.

Definition. Consolidation refers to an area of hom*ogeneous increase in lung parenchymal attenuation that obscures the margins of vessels and airway walls [1]. Air bronchograms may be present with consolidative area.

to bring together (separate parts) into a single or unified whole; unite; combine: They consolidated their three companies. to discard the unused or unwanted items of and organize the remaining: She consolidated her home library.

The term consolidate comes from from the Latin consolidatus, which means "to combine into one body." Whatever the context, to consolidate involves bringing together some larger amount of items into a single, smaller number. For instance, a traveler may consolidate all of their luggage into a single, larger bag.

Consolidating accounts reduces the total number of accounts you have to keep track of, making financial administration a breeze. A more holistic view of your money, including your income, spending, and investments, may be possible with fewer accounts to track.

The standard consolidation test provides to us some information about the soil compressibility, and it allows to us to estimate, in a few weeks, the magnitude and the time in which this settlement of the soil will be produced in one-dimensional conditions (1-D).

Combining multiple outstanding debts into a single loan reduces the number of payments and interest rates you have to worry about. Consolidation can also improve your credit by reducing the chances of making a late payment—or missing a payment entirely.

Consolidation has potential downsides, too: Because consolidation can lengthen your repayment period, you'll likely pay more in interest over the long run.

What are the advantages and disadvantages of a merger? ›

Consolidation makes it much easier to implement changes to your strategy and keep your portfolio's intended asset allocation on track. It should make setting your investment goals and tracking your progress more straightforward and you will have a deeper understanding of your overall asset mix.

an act or instance of combining or consolidating into a single or unified whole; the state of being consolidated; unification: Our CEO proposed the consolidation of several departments and the elimination of 10 positions.

In other words, it's when two companies (or more) merge and become one. Many of the world's largest corporations were formed by business consolidation, while more recent examples include Facebook's acquisition of Instagram and Disney's acquisition of Fox.

Synonyms of 'consolidation' in British English

The company's chief executive has proposed a merger or other business combination. The two parties were still too much apart to form an alliance. The organization was formed by an amalgamation of two groups.

1. to bring together (separate parts) into a single or unified whole; unite; combine. They consolidated their three companies. 2. to discard the unused or unwanted items of and organize the remaining.

Information technology (IT) consolidation is the process of streamlining and consolidating IT infrastructure, systems, and resources within an organization. It involves centralizing IT operations, eliminating redundancy, and optimizing IT assets to improve efficiency, reduce costs, and enhance overall performance.