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[kon-solz, kuh n-solz] /ˈkɒn sɒlz, kənˈsɒlz/
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 of consols
short for consolidated annuities Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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/ˈkɒnsɒlz; kənˈsɒlz/
plural noun
irredeemable British government securities carrying annual interest rates of two and a half or four per cent Also called bank annuities
Word Origin
short for consolidated stock
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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