See Also: consols(dictionary)
consols (iou)
consols noun pl. In attrib. use & in comb. in sing. consol. L18.
[from abbreviation of consolidated annuities + pl. -S1.]
An undated British government stock representing the consolidated annuities (see CONSOLIDATE) and now bearing interest at 2 1 / 2 per cent. Also, Consolidated Loan stock, an undated British government stock first issued in 1926 and bearing interest at 4 per cent.
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