Consol definition

kŏnsŏl, kən-sŏl
noun
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A government bond in Great Britain, originally issued in 1751, that pays perpetual interest and has no date of maturity.
noun
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(finance) A perpetual bond issued by the United Kingdom, from the 18th century.
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(law) Abbreviation of consolidated.
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Other Word Forms

Noun

Singular:
consol
Plural:
consols

Origin of consol

  • Short for Consolidated Annuity

    From American Heritage Dictionary of the English Language, 5th Edition

  • Abbreviation of consolidated annuity

    From Wiktionary