consol(redirected from Perpetual bond)
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often consols A government bond in Great Britain, originally issued in 1751, that pays perpetual interest and has no date of maturity. Also called bank annuity.
[Short for Consolidated Annuity.]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
(Banking & Finance) (usually plural) an irredeemable British government security carrying an annual interest rate of two and a half or four per cent. Also called: bank annuity
[short for consolidated stock]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
A long-range radio aid to navigation, the emissions of which, by means of their radio frequency modulation characteristics, enable bearings to be determined.
Dictionary of Military and Associated Terms. US Department of Defense 2005.