CONSOLIDATION

consolidation,n.1. The act or process of uniting; the state of being united. 2.Legislation. The combination into a single statutory measure of various legislative provisions that have previously been scattered in different statutes. 3.Civil procedure. The court-ordered unification of two or more actions, involving the same parties and issues, into a single action resulting in a…

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CONSOLIDATED OMNIBUS BUDGET RECONCILIATION ACT OF 1985

Consolidated Omnibus Budget Reconciliation Act of 1985.A federal statute requiring employers that offer group health coverage to their employees to continue to do so for a prescribed period (usu. 18 to 36 months) after employment has terminated so that the former employee can continue to benefit from group-health rates until becoming a member of another…

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