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consolidation

B2
noun

Pronunciation

UK

  • /kənsˌɒlɪdˈeɪʃən/

US

  • /kənˌsɑləˈdeɪʃən/

Description

Imagine building with LEGO bricks. You start with individual pieces, but consolidation happens when you connect them into a strong, stable structure. It's about taking separate parts and bringing them together to create something more unified and powerful. This can happen with ideas, power, or even debts. A company might consolidate its different departments for efficiency, or a king might consolidate his power by uniting warring factions.

Consolidation isn't just about joining things; it's about making that joining stronger. Think of consolidating your student loans—you combine them into one loan to simplify payments and potentially lower interest rates. It's all about building something more solid from what was once fragmented.

Examples

  1. 1

    Industry mergers

    The airline industry went through a wave of consolidation after fuel prices rose.

  2. 2

    Office restructuring

    The company announced the consolidation of its regional offices into one headquarters.

  3. 3

    Debt management

    She took out a loan for debt consolidation so she could make one monthly payment instead of four.

    • Phrase

      debt consolidation

      combining several debts into one

  4. 4

    Political power

    Critics warned that the president was using the crisis to speed up the consolidation of power.

    • Phrase

      the consolidation of power

      the process of getting firmer control

  5. 5

    IT infrastructure

    The IT team is working on server consolidation to cut costs and simplify maintenance.

Forms and spellings

2 forms open this card.

Main spelling

  • consolidationnoun

Forms

  • consolidationspluralnoun