ˈkänˌsäl, kənˈ- noun
( -s )
Usage: sometimes capitalized, often attributive
Etymology: consol idated annuity
: a bond issue having no maturity date although the issuer may have the right to call for redemption ; especially : a perpetual interest-bearing obligation first issued by the British government in 1751
the consol market
— usually used in plural
an old dowager countess whose money was all in Consols — Samuel Butler †1902