Difference between revisions of "Consol"
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| − | + | [[Consol]] is a type of perpetuity. Consols were originally bonds issued by England in the mid-1700s to consolidate past debt. | |
==Definitions== | ==Definitions== | ||
According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
| − | : | + | :[[Consol]]. A type of perpetuity. Consols were originally bonds issued by England in the mid-1700s to consolidate past debt. |
==Related concepts== | ==Related concepts== | ||
Latest revision as of 07:56, 30 October 2019
Consol is a type of perpetuity. Consols were originally bonds issued by England in the mid-1700s to consolidate past debt.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Consol. A type of perpetuity. Consols were originally bonds issued by England in the mid-1700s to consolidate past debt.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
