👉 Consolidator is a term used in accounting to describe an entity that facilitates the consolidation of financial information between two or more companies. It can be defined as a company that acts as a middleman or intermediary for transferring and combining financial statements from one company to another, often through various intermediaries such as banks, brokers, or other entities. In the context of accounting, consolidator is used when multiple companies combine their financial records into a single consolidated statement, which can be useful in situations where it