Meaning of the word consolidation in English

What does consolidation mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

consolidation

US /kənˌsɑː.ləˈdeɪ.ʃən/
UK /kənˌsɒl.ɪˈdeɪ.ʃən/

Noun

1.

the act or process of combining several things into a single, more effective or coherent whole

Example:
The merger led to the consolidation of several small departments into one large division.
The company is undergoing a period of financial consolidation.
2.

the process of making something stronger or more solid

Example:
The new policy aims at the consolidation of peace in the region.
The consolidation of the company's market position was a key objective.
Related Word: