consolidation
📖 Definitions
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noun
The act or process of combining two or more things into a single, more effective or coherent whole.; The state of being made stronger, more solid, or more secure.; In finance and accounting, the combination of the financial statements of a parent company and its subsidiaries into a single set of statements.; In medicine, the solidification of lung tissue, typically due to the filling of alveoli with fluid, pus, blood, or other material, as seen in pneumonia.; In geology and soil mechanics, the gradual reduction in volume of a soil mass due to the expulsion of water from its pores under sustained load.; In law, the merging of two or more legal actions or cases into a single proceeding.; In business, the merging of two or more companies into a single entity, often through acquisition.; The act of making something physically more compact or dense.; In logistics and shipping, the combining of multiple smaller shipments into a single larger shipment to reduce costs.; In debt management, the process of combining multiple debts into a single loan, often with a lower interest rate.
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💬 Examples
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The consolidation of several small departments into one larger division improved efficiency.
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The consolidation of democracy in the region took several decades.
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The consolidation of the subsidiary's accounts revealed hidden liabilities.
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The chest X-ray showed consolidation in the right lower lobe, consistent with bacterial pneumonia.
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The consolidation of the clay layer beneath the foundation caused significant settlement over time.
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The judge ordered the consolidation of the three related lawsuits to avoid conflicting rulings.
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The consolidation of the telecommunications industry left only a few major players.
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The consolidation of the snow under pressure eventually formed glacial ice.
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The freight company offered consolidation services to help small businesses save on shipping costs.
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She applied for a debt consolidation loan to simplify her monthly payments.