# Consolidation

- Canonical URL: https://www.gerhardmerk.de/consolidation
- Post ID: 590318
- Modified: 2023-07-25T20:59:10+00:00
- Language: en

## Definition

The combining of several older bonds issued into a new bond with more market-oriented terms, usually by the fiscal agent. The older securities included in the new bond are often called consols. - Short-term debt - mainly of public debtors - is replaced by the issuance of bonds: a special form of debt restructuring. - In connection with mergers and acquisitions, said of the incorporation of smaller companies into a large company created in this way (as to mergers or acquisitions the act of merging many smaller companies into a much larger one). - See acquisition, strategic, consolidation loan, conversion bond, conversion, merger. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1