consol[kän′säl′, kən säl′]
often consols A government bond in Great Britain, originally issued in 1751, that pays perpetual interest and has no date of maturity. Also called bank annuity.
Origin of consolShort for Consolidated Annuity.
- (finance) A perpetual bond issued by the United Kingdom, from the 18th century.
- colons, colóns
Abbreviation of consolidated annuity