Quick Answer: What Is A Synonym For Consolidation?

What happens when you get a consolidation loan?

When you consolidate your credit card debt, you are taking out a new loan.

Consolidation means that your various debts, whether they are credit card bills or loan payments, are rolled into one monthly payment.

If you have multiple credit card accounts or loans, consolidation may be a way to simplify or lower payments..

What is an example of consolidation?

The definition of consolidation means the act of combining or merging people or things. An example of a consolidation is when two companies merge together. The merger of two or more commercial interests or corporations. … A merger; union.

What are synonyms for gathering?

Synonyms of gatheringassemblage,assembly,conference,congregation,convocation,ingathering,meeting,muster.

What are the disadvantages of consolidation?

4 Dangers of Debt ConsolidationGoing deeper into debt. One of the biggest risks of consolidating debt is that you’ll apply for new credit without solving spending problems that caused you to get into debt in the first place. … Paying more in interest. … Getting caught up in a consolidation scam. … Putting your home or retirement at risk.

What is the opposite of consolidation?

consolidate. Antonyms: weaken, dissipate, disunite, dismember, disintegrate, colliquate, dissolve, melt, vaporize, sublimate, attenuate, triturate, pulverize. Synonyms: condense, incorporate, conglutinate, cement, solder, bond, weld, thicken, strengthen, fuse.

Which word is opposite of benevolent?

malevolentThere is also one more familiar velle descendant: malevolent is the antonym of benevolent, and describes one who is disposed to doing ill instead of good.

When should you consider debt consolidation?

When debt consolidation is a smart moveYour total debt excluding mortgage doesn’t exceed 40% of your gross income.Your credit is good enough to qualify for a 0% credit card or low-interest debt consolidation loan.Your cash flow consistently covers payments toward your debt.More items…

What is another word for consolidation?

In this page you can discover 64 synonyms, antonyms, idiomatic expressions, and related words for consolidate, like: solidify, combine, fuse, conjoin, wed, centralize, make firm, blend, connect, mix and incorporate.

What do u mean by consolidation?

1 : the act or process of consolidating : the state of being consolidated. 2 : the process of uniting : the quality or state of being united specifically : the unification of two or more corporations by dissolution of existing ones and creation of a single new corporation.

How do I consolidate data in Excel?

Select the upper-left cell of the area where you want the consolidated data to appear. On the Ribbon, Choose Data > Consolidate to view the Consolidate dialog: In the Function box, click the summary function that you want Excel to use to consolidate the data.

What is the antonym of Consolidate?

What is the opposite of consolidate?divideseparatevaryallocatebisectdisconnectdisengagedisjoindisorganizedisperse51 more rows

What does it mean to consolidate a loan?

Consolidation combines loans into one monthly payment with one servicer. Consolidating your loans may make it easier to keep track of your loans if you have more than one student loan with more than one servicer or company. There are two types of consolidation loans.

What is a consolidation strategy?

Consolidation strategies include how one company will merge with or acquire another, how the products and services will be branded or rebranded and how human resources will integrate one workforce and organizational structure into another.

What are the rules of consolidation?

Consolidation Rules Under GAAP The general rule requires consolidation of financial statements when one company’s ownership interest in a business provides it with a majority of the voting power — meaning it controls more than 50 percent of the voting shares.