noun
consolidation
kuhn-sah-lih-DAY-shuhn/kənˌsɑːlɪˈdeɪʃn/
The strengthening of something by making it more unified.
The rods' consolidation into a tightly bound bundle makes them resist bending.

Etymology
The pieces express a process of making things firm together. Early uses described wounds and broken bones becoming solid or firm; the meaning expanded to uniting separate parts into one whole.
In context
a real debt consolidation loan that's where you get a new loan and the balances are rolled into that new loan and so now you do have literally one loan instead of twelve and that is that's consolidation
More examples
- Debt consolidation combines her loans into one more manageable loan.
- The consolidation of local services reduces costs and improves coordination.
- The party's consolidation of power leaves little room for opposition.
Forms
consolidation · consolidations
consolidate verb — To strengthen by bringing separate parts together.
Similar words
- unification
- Emphasizes becoming one rather than becoming stronger or more secure.
- integration
- Emphasizes fitting parts together into a functioning whole.
- merger
- Usually joins separate companies or organizations into a single organization.