Meaning of consol | Babel Free

Definitions

1. Abbreviation of consolidated annuity: A perpetual bond issued by the United Kingdom, from the 18th century.
   abbreviation, alt-of, historical
2. Clipping of consolidation, only used in names of corporations.
   abbreviation, alt-of, clipping

Examples

“Since it was arguably the most successful bond ever issued, it is worth pausing to look more closely at the famed British consol.”

CEFR level