financial consolidation
[faɪˈnænʃəl kənˌsɒlɪˈdeɪʃən]
nounfemininepl: consolidações financeiras
consolidação financeira
1. The process of combining financial statements or operations of multiple entities into a single unified statement or entity, typically in accounting or corporate contexts
The financial consolidation of the subsidiary companies resulted in a clearer picture of the group's overall performance.
A consolidação financeira das empresas subsidiárias resultou em uma visão mais clara do desempenho geral do grupo.
2. The strengthening or stabilization of a financial position through the combining or restructuring of assets and liabilities
After the merger, financial consolidation helped reduce redundant expenses across departments.
Após a fusão, a consolidação financeira ajudou a reduzir despesas redundantes entre departamentos.
Related Idioms & Phrases
to consolidate one's financial position
financial consolidation process
full consolidation method
proportional consolidation
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