Pronunciation: (kon'solz, kun-solz'), [key] Sometimes, consol.
the funded government securities of Great Britain that originated in the consolidation in 1751 of various public securities, chiefly in the form of annuities, into a single debt issue without maturity. Also called bank annuities.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

consolidation loanconsolute
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