consols

[kon-solz, kuh n-solz]
plural noun Sometimes consol.
  1. 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.

Origin of consols

short for consolidated annuities
Also called bank annuities.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for consols

Historical Examples of consols

  • If the Consols were at 60 we should be again bellowing, God save the King!

    Vivian Grey

    Earl of Beaconsfield, Benjamin Disraeli

  • Told me to stick to Consols, and that the lesson was cheap at the price.

    Danger! and Other Stories

    Arthur Conan Doyle

  • Besides the building, an endowment of £8,000 in Consols was left by the founder.

    Hammersmith, Fulham and Putney

    Geraldine Edith Mitton

  • Consols, for the sole use and benefit of his granddaughter, Caroline Harcourt.

    The Bertrams

    Anthony Trollope

  • The price of Consols was so high, and he had such a lot of money in them.


British Dictionary definitions for consols

consols

pl n
  1. irredeemable British government securities carrying annual interest rates of two and a half or four per centAlso called: bank annuities

Word Origin for consols

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