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

/ kənˈsɒlz; ˈkɒnsɒlz /

plural noun

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

Word History and Origins

Origin of consols¹

Short for consolidated annuities

Word History and Origins

Origin of consols¹

short for consolidated stock

Example Sentences

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

From Project Gutenberg

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

From Project Gutenberg

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

From Project Gutenberg

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

From Project Gutenberg

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

From Project Gutenberg