Consolidate

What does it Mean? To combine the assets, liabilities and other financial items of two or more entities into one.
Investopedia Says... This term is generally used in the context of consolidated financial statements. When statements are consolidated, all subsidiaries report under the umbrella of the parent company.

Terms Related Links

Annual Report
Defalcation
Second Mortgage

Terms Related Links
Digging Out Of Personal Debt - Find out why good intentions can put consumers in an even bigger hole than before.

The Home-Equity Loan: What It Is And How It Works - This article sheds light on why consumers decide to use this form of debt and whether it is always a good alternative.



add investopedia foot
www.investopedia.com