Definitions of Consols

  1. (short for CONSOLIDATED ANNUITIES) That part of the British national debt which consists of the 3 percent annuities consolidated into one fund. The american dictionary of the english language. By Daniel Lyons. Published 1899.
  2. English 3 percent funds. The Clarendon dictionary. By William Hand Browne, Samuel Stehman Haldeman. Published 1894.
  3. A contraction for consolidated annuities, a British governmental security. The Concise Standard Dictionary of the English Language. By James Champlin Fernald. Published 1919.
  4. Most of the large sums of money borrowed by the nation at various times on different terms consolidated or brought together into one scheme, bearing the same rate of interest, 3 per cent, for which an act was passed in 1751-the whole public debts of the nation are called stocks. Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
  5. That portion of the national debt which forms the three per cent. annuities, granted at different times, and at last consolidated into one stock or fund. Nuttall's Standard dictionary of the English language. By Nuttall, P.Austin. Published 1914.

Usage examples for Consols

  1. Within five years of this determination he sold out the name, good will, and other vestiges of his concern to a mysterious buyer who turned out to be no more than an agent for these persistently expanding varnish makers, and he retired with a genuine grievance upon the family accumulations- chiefly in Consols and Home Railways. – Marriage by H. G. Wells
  2. One may be never so rich in stocks and bonds, government consols and what not, but, acceptable as such " securities" are, they are after all not quite the same as a section of the solid globe itself. – A Rambler's lease by Bradford Torrey