Consols (noun) Definition, Meaning & Examples

plural noun
  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.
pl n
  1. irredeemable British government securities carrying annual interest rates of two and a half or four per cent
Consols (noun) Definition, Meaning & Examples

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