Webster
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Webster’s Revised Unabridged Dictionary · 1913

Consols

Con′sols, n. pl. [A contraction of consolidated (annuities).] The leading British funded government security.

☞ 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.

Webster’s Revised Unabridged Dictionary, Noah Porter, editor (Springfield, Mass.: G. & C. Merriam, 1913). Public domain. Text as transcribed by MICRA, Inc., from Project Gutenberg. Changed for Deep Dive Bible: Greek, which our source spelled in Latin letters, set in Greek letters; entries of one spelling merged into one article; Greek words our source left out (shown as “?”), read from the 1898 printing, from the same plates (the Library of Congress’s copy), where the place could be found with certainty. Of the others, 1,362 (a word or a single letter each) were inferred by AI from the context by the dictionary’s own rules and are marked with a wavy underline (tap or point at one to see the note); the rest, which could not be inferred with confidence, are left as “?”.