Consols, the Consolidated Fund, loans to Government made at different times and at different rates of interest, consolidated for convenience into one common loan, bearing interest at 3 per cent., reduced in 1830 to 2¾, and in 1893 to 2½.
Definition taken from The Nuttall Encyclopædia, edited by the Reverend James Wood (1907)
Considérant, Victor Prosper * Constable