consolidation of corporations
- consolidation of corporations
-
n.
Combining two or more corporations by destroying them and creating a new corporation with the assets and liabilities of the now nonexistent ones.
See also merger
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc.
Amy Hackney Blackwell.
2008.
Look at other dictionaries:
consolidation of corporations — A union, blending, or coalescence of two or more corporations in one corporate body whereby, in general, their properties, powers, rights, and privileges inure to, and their duties and obligations devolve upon, a new organization thus called into … Ballentine's law dictionary
consolidation of corporations — Occurs when two or more corporations are extinguished, and by the same process a new one is created, taking over the assets and assuming the liabilities of those passing out of existence. A unifying of two or more corporations into a single new… … Black's law dictionary
consolidation of corporations — Occurs when two or more corporations are extinguished, and by the same process a new one is created, taking over the assets and assuming the liabilities of those passing out of existence. A unifying of two or more corporations into a single new… … Black's law dictionary
consolidation — Act of consolidating, or the status of being consolidated. Unification of two or more actions. See consolidation of actions. In the civil law, the union of the usufruct with the estate out of which it issues, in the same person; which happens… … Black's law dictionary
consolidation — Act of consolidating, or the status of being consolidated. Unification of two or more actions. See consolidation of actions. In the civil law, the union of the usufruct with the estate out of which it issues, in the same person; which happens… … Black's law dictionary
consolidation — consolidation, merger, amalgamation are comparable when denoting a union of two or more business corporations. Consolidation is often used as a general term; more precisely it implies a unification of the companies or corporations with… … New Dictionary of Synonyms
Consolidation Acts — CONSOLIDATION ACTS: To consolidate (Latin consolidare, from con , together, and solidus, firm) is to press compactly together, put on a firm basis, and especially bring together into one strong whole. The practice of legislating for small… … Wikipedia
consolidation — noun 1. combining into a solid mass (Freq. 1) • Derivationally related forms: ↑consolidate • Hypernyms: ↑combining, ↑combine 2. the act of combining into an integral whole (Freq. 1) a … Useful english dictionary
consolidation — consolidative, adj. /keuhn sol i day sheuhn/, n. 1. an act or instance of consolidating; the state of being consolidated; unification: consolidation of companies. 2. solidification; strengthening: consolidation of principles and beliefs. 3.… … Universalium
consolidation of railroads — In the most simple sense of the term, a consolidation of two or more railroad corporations, but in actual practice, a long and involved process, the success of which depends upon the approval of the consolidation by the Interstate Commerce… … Ballentine's law dictionary