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Definitions from the WebTerm: Consolidator Part of Speech: Noun Sense 1: Description: A consolidator refers to a person, company, or entity that combines smaller items or components into a unified whole, often resulting in increased efficiency or synergy. Sample Sentence: The airline industry relies heavily on consolidators to combine and manage multiple flight bookings from various sources. Related Products: Sense 2: Description: In the context of finance and accounting, a consolidator represents a company or organization that combines financial statements or reports from multiple subsidiaries or entities into one comprehensive report. Sample Sentence: The multinational corporation hired a consolidator to streamline its financial reporting by consolidating the financial statements of its subsidiaries. Related Products: Amazon Search: Financial Reporting Software Sense 3: Description: In the travel industry, a consolidator acts as an intermediary that purchases tickets in bulk from airlines and resells them to travel agencies or individuals at discounted prices. Sample Sentence: The travel agency contacted a consolidator to secure cheaper airline tickets for their customers. Related Products: | ||||
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