Consol
Pronunciation: /ˈkɑːnsɑːl/
Consol (noun)
- A type of government bond that pays interest forever without a set end date.
- A historical British government bond with no maturity date, paying regular interest.
Examples
- Investors often consider a consol for stable returns.
- A consol can provide a steady income over time.
Common collocations: buy a consol, issue a consol, long-term consol, study the consol, historical consol