affiliation, aggregation, amalgamation, assemblage, association, centralization, coadunation, combination, compact, confederation, conjunction, conjuncture, consortium, federation, fusion, incorporation, integration, junction, league, merger, mixture, pool, solidification, strengthening, unification, union
associated concepts: consolidated laws, consolidated school district, consolidation of actions, consolidation of stock
abridgment (condensation), abstract, accession (annexation), adhesion (affixing), agglomeration, centralization, coalescence, coalition, coherence, combination, compilation, concrescence, confederacy (compact), congealment, conglomeration, connection (fastening), consortium (business cartel), corporation, digest, incorporation (blend), integration (amalgamation), merger, pool, sodality, union (unity)
Burton's Legal Thesaurus. William C. Burton. 2006
For various reasons a company may wish to consolidate its share capital by combining shares into units, for example consolidating 10p shares into ₤1 shares by combining each set of ten 10p shares held by the shareholder into one ₤1 share. This only works if the mathematics are right, so that you cannot be left with fractions. Subdivision is the opposite process. In each case, under the Companies Act 1985, the change is carried out by ordinary resolution and details must be filed at the Companies Registry.
Easyform Glossary of Law Terms. — UK law terms.
This term has two potential meanings:• In the context of rights issues, the facility to have fully paid shares represented by two or more provisional allotment letters consolidated into one holding for the purpose of registration.• In the context of accounts, a method of accounting under which information contained in the separate financial statements of a parent company and its subsidiaries is presented as though for a single entity. The Companies Acts lay down detailed requirements as to how consolidated accounts should be produced.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.