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Medical Definition. Focal consolidation is the replacement of gas within air spaces by fluid, protein, cells, or other material in a single spot on the lungs. It means that the lungs are not operating at full capacity because the spaces that should be full of air are full of another substance. What Focal Consolidation Looks Like
Notes that consolidate financial statements. Consolidation refers to the aggregation of financial statements of a group company as a consolidated whole. In this section of the footnotes, the company confirms that the consolidated financial statements contain the financial information for all its subsidiaries.