Debt Consolidation
Debt consolidation is the process of replacing a lot of little debts, which can often be difficult to manage due to differing amounts of money going to different places on different days, into one larger debt which is much easier to keep track of. In other words, debt consolidation involves taking out a loan and using it to pay off your creditors.
There is an alternative version of debt consolidation in which you pay a single monthly fee to a company and they then negotiate with your creditors on your behalf. However this is probably better described as a part of debt management as you are not really consolidating your debts, just your payments.
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