consolidated
- 01 B2 Upper Intermediate
joined together into a single, stronger, or more organized whole.
having been merged or combined into a single unit to increase efficiency or stability.
Simple“The company moved all its staff into one consolidated office to save money.”
In context“The consolidated group now controls over forty percent of the regional market, having successfully integrated its three former competitors.”
Synonyms - 02 C1 Advanced
showing the financial results of a main company and all the smaller companies it owns as one single report.
representing the combined financial position of a parent company and its subsidiaries as if they were a single entity.
Simple“You can see the total profit for the whole group in the consolidated balance sheet.”
In context“Under international accounting standards, the parent company must present consolidated financial statements that include all controlled entities.”
UsageCommonly used in the phrase 'consolidated financial statements'.
“Further out lay an intermediate belt, a sort of buffer zone between the consolidated core and the recently incorporated regions," Haddad explains.”
“Memories are consolidated and worn-out cellular components – including mitochondria – are repaired or replaced .”