Record Consolidation

MERGE
The term 'merge' has dual meanings in both data management and corporate finance. In the context of data management, merging refers to combining multiple lists or files by consolidating duplicate records into single records. In corporate finance, merging refers to the financial consolidation of two companies where only one company survives as a legal entity.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.