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Related to consolidation: consolidation test, Debt consolidation, Consolidated financial statements
consolidationnoun affiliation, aggregation, assemblage, association, centralization, combination, compact, confederation, conjunction, consortium, federation, fusion, incorporation, integration, junction, league, merger, mixture, pool, strengthening, unification, union
Associated concepts: consolidated laws, consolidated school district, consolidation of actions, consolidation of stock
See also: abridgment, abstract, accession, adhesion, agglomeration, centralization, coalescence, coalition, coherence, combination, compact, compilation, concrescence, confederacy, congealment, conglomeration, connection, consortium, corporation, digest, incorporation, integration, merger, pool, sodality, union, unity
CONSOLIDATION, civil law. The union of the usufruct with the estate out of
which it issues, in the same person which happens when the usufructuary
acquires the estate, or vice versa. In either case the usufruct is extinct.
In the common law this is called a merger. Ley. El. Dr. Rom. 424. U. S. Dig.
tit. Actions, V.
2. Consolidation may take place in two ways: first, by the usufructuary surrendering his right to the proprietor, which in the common law is called a surrender; secondly, by the release of the. proprietor of his rights to the usufructuary, which in our law is called a release.