- consolidate
- consolidate con‧sol‧i‧date [kənˈsɒldeɪt ǁ -ˈsɑː-] verb [intransitive, transitive]1. to make your position of power or success stronger and more likely to continue:
• His successful negotiations with the Americans helped him to consolidate his position.
• The company has consolidated its hold on the European market.
2. COMMERCE to join together a group of companies, organizations, departments etc or to become joined together:• The corporation says it has been able to consolidate a number of operations and 1,100 jobs worldwide must go.
• He remains convinced that the smaller oil and gas companies should consolidate to add value for shareholders.
* * *
consolidate UK US /kənˈsɒlɪdeɪt/ verb► [I or T] to become or make something stronger or more successful: »Net assets rose to £758 million, consolidating the company's position as a member of the FTSE 250 index.
»The company has been growing too rapidly and it is now time to stop the expansion and consolidate.
► [I or T] to join the different parts of something together, or to be joined: »The business plan is based on consolidating a fragmented but growing market.
»There is still scope for European industries to consolidate.
consolidate sth into/with sth »Manufacturing has been consolidated into fewer plants worldwide.
»They considered consolidating all their small debts and taking out a new loan to cover them.
► [T] ACCOUNTING to show the financial results of a group of companies in one set of figures, rather than showing the results of each company separately: »When a group of companies share some economic value, it may be necessary to consolidate group accounts in order to determine the profit and loss.
► [T] TRANSPORT to put items together in order to send or transport them: »Your shipment will be consolidated with those of other customers and transported by container.
Financial and business terms. 2012.