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Consols   Listen
noun
Consols  n. pl.  The leading British funded government security. Note: A considerable part of the public debt of Great Britian, which had been contracted in the form of annuities yielding various rates of interest, was, in 1757, consolidated into one fund at 3 per cent interest, the account of which is kept at the Bank of England. This debt has been diminished and increased at different times, and now constitutes somewhat more than half of the entire national debt. The stocks are transferable, and their value in the market constantly fluctuates; the price at any time being regarded as a gauge of the national prosperity and public confidence.






Collaborative International Dictionary of English 0.48








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"Consols" Quotes from Famous Books



... more. It supplied Germany with a satisfactory type of commercial treaty which she easily imposed upon other nations. Germany's road through Italy was traced by the mistaken policy of the French Government which, by a systematic endeavour to depreciate Italian consols and other securities, drove Crispi to Berlin, where his suit for help was heard, the Banca Commerciale conceived, and commercial arrangements concluded which opened the door to the influx of German wares, men and ...
— England and Germany • Emile Joseph Dillon

... To our little sisters who dwell in an atmosphere heavy with curses, among people sodden with drink, in quarters where sin and uncleanness are universal, all these Biblical sayings are as real as the quotations of yesterday's price of Consols are to a City man. They dwell in the midst of Hell, and in their daily warfare with a hundred devils it seems incredible to them that anyone can doubt the existence of either ...
— "In Darkest England and The Way Out" • General William Booth



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