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debt Definition–noun | 1. | something that is owed or that one is bound to pay to or perform for another: a debt of $50. | | 2. | a liability or obligation to pay or render something: My debt to her for advice is not to be discharged easily. | | 3. | the condition of being under such an obligation: His gambling losses put him deeply in debt. | | 4. | Theology. an offense requiring reparation; a sin; a trespass. | |
From Dictionary
consolidation Definition–noun | 1. | an act or instance of consolidating; the state of being consolidated; unification: consolidation of companies. | | 2. | solidification; strengthening: consolidation of principles and beliefs. | <
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table class="luna-Ent"> | 3. | something that is or has been consolidated; a consolidated whole. | |
| 4. | Law. | a. | a statutory combination of two or more corporations. | | b. | the union of two or more claims or actions at law for trial or appeal. | | | 5. | (initial capital letter ) a steam locomotive having a two-wheeled front truck, eight driving wheels, and no rear truck. | | 6. | Pathology. the process of becoming solid, as changing of lung tissue from aerated and elastic to firm in certain diseases. | |
From Dictionary
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Whenever a student needs a debt consolidation loan, he asks a student loan consolidation company for help.
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Article Dashboard.com - Found Dec. 15, 2008
... existing debts. Debt management includes various programs like debt negotiation, debt counseling, debt elimination and debt consolidation. ...
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... recapitalizing the business through a debt-for-equity swap with its existing lenders. The restructuring effort also included consolidation of...
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