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

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

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