Consolidate
/kənˈsɒlɪdeɪt/
Definitions
- (v.) To combine multiple entities into a single, more effective or coherent whole.
The company decided to consolidate its various subsidiaries to cut costs.
- (v.) To merge debts or claims into one to simplify administration and payment.
He consolidated his credit card debts into a single loan.
Forms
- consolidates
- consolidated
- consolidating
Related terms
See also
Commentary
In legal drafting, consolidate is often used to describe the combining of cases, companies, or debts, emphasizing efficiency and clarity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.