[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.

short for consolidated annuities Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
consols (ˈkɒnsɒlz, kənˈsɒlz)
pl n
Also called: bank annuities irredeemable British government securities carrying annual interest rates of two and a half or four per cent
[short for consolidated stock]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Example sentences
The lack of war news, and the higher quotations of consols were sufficient to make wheat and pork markets open lower this morning.
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