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consol

 - 5 dictionary results
Consoles
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con⋅sol

  [kon-sol, kuhn-sol]
Use consol in a Sentence
–noun
sing. of consols.
Consoles
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Consol at Amazon
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consol.

 
consolidated.

con⋅sols

  [kon-solz, kuhn-solz]
–plural noun Sometimes, consol.
the funded government securities of Great Britain that originated in the consolidation in 1751 of various public securities, chiefly in the form of annuities, into a single debt issue without maturity.
Also called bank annuities.

Origin:
short for consolidated annuities
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To consol
con·sol   (kŏn'sŏl, kən-sŏl')   
n.   Chiefly British
A government bond in Great Britain, originally issued in 1751, that pays perpetual interest and has no date of maturity. Often used in the plural. Also called bank annuity.

[Short for Consolidated Annuity.]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

consol

A debt instrument having no scheduled return of principal and therefore perpetual interest payments and no maturity. Consols fluctuate widely in price with changes in long-term interest rates. They have never been popular in the United States. Also called annuity bond, perpetual bond. See also perpetuity.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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