/kənˌsɒlɪˈdeɪʃən/ – noun
Definition: 1. việc củng cố, việc gia cố;
2. việc hợp nhất, việc sáp nhập;
3. việc hợp nhất công trái.
A more thorough explanation: Consolidation, in a legal context, refers to the combining of two or more legal entities or claims into a single entity or claim. This process typically involves merging assets, liabilities, and operations to create a unified entity or claim.
Example: The consolidation of two companies resulted in a stronger market presence and increased efficiency.