Main Entry:

con·sol·i·da·tion

Pronunciation:

\kən-ˌsä-lə-ˈdā-shən\

Function:

noun

Date:

15th century

1: the act or process of consolidating : the state of being consolidated2: the process of uniting : the quality or state of being united ; specifically : the unification of two or more corporations by dissolution of existing ones and creation of a single new corporation3: pathological alteration of lung tissue from an aerated condition to one of solid consistency