Consols
- Consols
Government securities that pay interest but have no redemption date. The present bonds, called consolidated annuities or consolidated stock, are the result of merging several loans at various different times going back to the 18th century. Their original interest rate was 3% on the nominal price of £100; some now pay 2½% and therefore stand at a price that makes their annual yield comparable to long-dated gilt-edged security, e. g. at £31 they yield about 8%.
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Consols — (originally short for consolidated annuities, but can now be taken to mean consolidated stock) are a form of British government bond (gilt), dating originally from the 18th century. Consols are considered one of the rare examples of an actual… … Wikipedia
Consols — Consols, englische Staatspapiere. Diese 3% C. (Consolidirte Annuitäten, Three per cent consols, od. Consolidated annuities) bilden den Haupttheil der englischen Staatsschuld u. sind die an der Londoner Börse am häufigsten vorkommenden Effecten,… … Pierer's Universal-Lexikon
Consols — Con sols (? or ?; 277), n. pl. [A contraction of consolidated (annuities).] The leading British funded government security. [1913 Webster] Note: A considerable part of the public debt of Great Britian, which had been contracted in the form of… … The Collaborative International Dictionary of English
Consols — (engl.), s. Konsols … Meyers Großes Konversations-Lexikon
Consols — [kən sɔlz, englisch], Konsols [kən sɔlz], Singular Consọl der, s, Kurzwort für Consolidated stocks [kən sɔlɪdeɪtɪd stɔks], Typ von langfristigen Staatsanleihen, deren Ausgabe der Umwandlung (Konsolidierung) kurzfristiger in langfristige… … Universal-Lexikon
consols — (izg. kȍnsols) m DEFINICIJA bank. konsolidirane obveznice; izdaju se prilikom konverzije starih zajmova u jedan novi ETIMOLOGIJA engl … Hrvatski jezični portal
consols — [kän′sälz΄, kən sälz′] pl.n. [< consolidated annuities] British government securities, esp. those established in 1751 by the consolidation of nine loans … English World dictionary
consols — See consolidated stock. Dresdner Kleinwort Wasserstein financial glossary Consols are British bonds that have no specified maturity date and pay a coupon forever. London Stock Exchange Glossary * * * Consols Con‧sols [ˈkɒnsɒlz, kənˈsɒlz ǁ… … Financial and business terms
consols — n.pl. British government securities without redemption date and with fixed annual interest. Etymology: abbr. of consolidated annuities * * * plural of consol * * * /kon solz, keuhn solz /, n.pl. Sometimes, consol. the funded government securities … Useful english dictionary
consols — /kon solz, keuhn solz /, n.pl. Sometimes, consol. 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… … Universalium
CONSOLS — the Consolidated Fund, loans to Government made at different times and at different rates of interest, consolidated for convenience into one common loan, bearing interest at 3 per cent., reduced in 1830 to 2¾, and in 1893 to 2½ … The Nuttall Encyclopaedia
