What Does Financial Consolidation Mean?

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What does Financial Consolidation mean? Read on to discover the definition & meaning of the term Financial Consolidation - to help you better understand the language used in insurance policies.

Financial Consolidation

Financial Consolidation

Combining the financial results of a subsidiary company with its shareholder, resulting in the elimination of intercompany accounting entries (transactions between affiliates offset each other).

We hope the you have a better understanding of the meaning of Financial Consolidation.

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