What does "consolidated" mean?

1. (combined or unified) joined together into a single, stronger, or more organized whole. 2. (financial reporting) showing the financial results of a main company and all the smaller companies it owns as one single report.

How do you use "consolidated"?

Commonly used in the phrase 'consolidated financial statements'.

consolidated

adj.

US //kənˈsɑɫəˌdeɪtəd// UK //kənsˈɒlɪdˌeɪtɪd// con·sol·i·dat·ed

1 combined or unified (adj.)
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.

Example

The company moved all its staff into one consolidated office to save money.

Example

The consolidated group now controls over forty percent of the regional market, having successfully integrated its three former competitors.
- separate
- divided
2 financial reporting (adj.)
C1 Advanced Technical Formal Law

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.

Example

You can see the total profit for the whole group in the consolidated balance sheet.

Example

Under international accounting standards, the parent company must present consolidated financial statements that include all controlled entities.

Usage

Commonly used in the phrase 'consolidated financial statements'.
- aggregate
- combined

Word family

Nouncon
Adjectiveconsolidated