amalgamate the assets
/əˈmæl.ɡə.meɪt ði ˈæ.sets/
Meaning
To combine the financial resources, properties, or valuable holdings of different companies, trusts, or entities into a single joint pool or portfolio. It is a highly formal term used in mergers, acquisitions, and high-level finance.
Examples
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The legal teams are working to amalgamate the assets of both subsidiary companies.
The legal teams are working to amalgamate the assets of both subsidiary companies.
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Before we can amalgamate the assets, we must resolve all outstanding debts.
Before we can amalgamate the assets, we must resolve all outstanding debts.
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The investment fund aims to amalgamate the assets of several small tech startups.
The investment fund aims to amalgamate the assets of several small tech startups.
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It is legally complex to amalgamate the assets of international branches due to varying tax laws.
It is legally complex to amalgamate the assets of international branches due to varying tax laws.
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By choosing to amalgamate the assets, the two firms created a much stronger financial entity.
By choosing to amalgamate the assets, the two firms created a much stronger financial entity.
Common Mistakes
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✗ The holding company will amalgamate with the assets.
✓ The holding company will amalgamate the assets.
If a company 'amalgamates the assets', it actively combines them. Saying 'amalgamate with' implies the company itself is merging with the physical assets, which is incorrect.
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✗ They plan to amalgamate the assets into one.
✓ They plan to amalgamate the assets.
'Amalgamate' inherently means to combine into one unified whole, making 'into one' redundant.
Related Expressions
Practice
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During the bankruptcy proceedings, the court ordered the trustees to ___ to pay off creditors.
💡 Combine all financial holdings and properties.
Show answer
amalgamate the assets
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We need to carefully ___ of both family trusts to minimize tax liabilities.
💡 Merge the financial resources and properties.
Show answer
amalgamate the assets