Akademik

See consolidated stock. Dresdner Kleinwort Wasserstein financial glossary

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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 ˈkɑːnsɑːlz, kənˈsɑːlz] noun [plural]

FINANCE British government bonds that have no fixed date for repayment and so will continue to pay interest; = CONSOLIDATED STOCK

Consols UK US /ˈkɒnsɒlz/ noun [plural] FINANCE

► ABBREVIATION for Consolidated Stock or Consolidated Annuities: in the UK, bonds that have a low rate of interest and no fixed date for when the loan will be paid back