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consols

[ kon-solz, kuhn-solz ]

plural noun

  1. Sometimes con·sol []. 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.


consols

/ ˈkɒnsɒlz; kənˈsɒlz /

plural noun

  1. irredeemable British government securities carrying annual interest rates of two and a half or four per cent Also calledbank annuities


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Word History and Origins

Origin of consols1

Short for consolidated annuities

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Word History and Origins

Origin of consols1

short for consolidated stock

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Example Sentences

The compositions received have been funded in the Three per Cent, Consols to an amount exceeding 900l.

Consols are very low just now, Mr Harrington; would it not be advisable to wait till they go up?

Consols were steadily "slumping," and the organized resistance of Ulster was already regarded as serious.

The other day he said: 'There's my brother Jolyon won't look at Consols'—he seemed quite down about it.

It would call the Bank of England a preposterous institution if it thought it could bear Consols by doing so.

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