Meaning of the word consolidate in English

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

consolidate

US /kənˈsɑː.lə.deɪt/
UK /kənˈsɑː.lə.deɪt/
"consolidate" picture

Verb

1.

make (something) physically stronger or more solid

Example:
The company decided to consolidate its operations into one main office.
The two small businesses decided to consolidate to form a larger entity.
2.

combine (a number of financial accounts or funds) into a single more effective or convenient one

Example:
Many students choose to consolidate their student loans to simplify payments.
The accountant helped the client consolidate their various investment accounts.
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