consolidation
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consolidation
In business and finance, the securing and strengthening of the financial situation, often by reducing debt and pooling resources.
Die Regierung hat einen strengen Kurs zur Konsolidierung des Haushalts eingeschlagen.
The government has adopted a strict course toward budget consolidation.
consolidation
The process of strengthening, securing, or unifying something. This can refer to power, knowledge, or structures.
Nach den Wahlen begann die Phase der Konsolidierung seiner politischen Macht.
After the elections, the phase of consolidating his political power began.
consolidation
In medicine, the knitting together and healing of bone fractures.
Der Arzt prüfte per Röntgenbild die Konsolidierung des Bruchs.
The doctor checked the consolidation of the fracture with an X-ray.
'Die Konsolidierung' (consolidation) is the noun form of the verb 'konsolidieren' (to consolidate, to strengthen, to secure). The ending '-ung' makes the word feminine and always describes a process or a result.
Die Firma muss ihre Finanzen konsolidieren.
The company must consolidate its finances.
The word contains the Latin root 'solid', which means 'firm' or 'stable'. A 'Konsolidierung' (consolidation) is therefore always a kind of strengthening or stabilization.
Nach der Krise war eine Konsolidierung der Wirtschaft notwendig.
After the crisis, consolidation of the economy was necessary.
You can recognize the exact meaning from the context. Words like 'Haushalt' (budget) or 'Schulden' (debts) point to finance, 'Macht' (power) to politics, and 'Knochenbruch' (bone fracture) to medicine.
Die Konsolidierung der Staatsfinanzen ist das Hauptziel der neuen Regierung.
The consolidation of public finances is the main goal of the new government.
In a financial context, typical combinations are 'die Konsolidierung des Haushalts' (budget consolidation), 'die finanzielle Konsolidierung' (financial consolidation), or 'ein Sparkurs zur Konsolidierung' (an austerity course for consolidation).
Die Konsolidierung des Budgets erfordert schmerzhafte Einschnitte.
The consolidation of the budget requires painful cuts.
When it is about strengthening structures, the word is often combined with abstract nouns such as 'Macht' (power), 'Stellung' (position), or 'Wissen' (knowledge).
Die Partei konzentriert sich auf die Konsolidierung ihrer Machtbasis.
The party is focusing on consolidating its power base.
In this meaning, 'Konsolidierung' (consolidation) is a medical technical term. In everyday language, people would more likely speak of the 'Heilung des Knochenbruchs' (healing of the bone fracture).
Die Röntgenaufnahme zeigt eine gute Konsolidierung der Fraktur.
The X-ray shows good consolidation of the fracture.
renovation / restructuring / remediation
Sanierung and Konsolidierung can both improve a company’s financial situation. Sanierung refers to the comprehensive financial and organizational rescue of a company whose existence is under threat. Konsolidierung emphasizes securing and strengthening the finances, for example by reducing debt and pooling resources.
Zur Konsolidierung des Unternehmens werden Schulden abgebaut und finanzielle Ressourcen gebündelt.
To consolidate the company, debts are being reduced and financial resources pooled.
Zur Sanierung des insolvenzgefährdeten Unternehmens werden Finanzen, Leitung und Organisation umfassend neu geordnet.
To restructure the company, which is at risk of insolvency, its finances, management, and organization are being comprehensively reorganized.
