consols

[ kon-solz, kuhn-solz ]

plural noun
  1. Sometimes con·sol [kon-sol, kuhn-sol] /ˈkɒn sɒl, kənˈsɒl/ . 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

1
Short for consolidated annuities

Words Nearby consols

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

How to use consols in a sentence

  • 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?

    The Mynns' Mystery | George Manville Fenn
  • 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.

    A Duet | Arthur Conan Doyle

British Dictionary definitions for consols

consols

/ (ˈkɒnsɒlz, kənˈsɒlz) /


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

Origin of consols

1
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