consols in a sentence
n.
📚 Grade Level: Grade 9, Grade 10
Definition
Consols are long-term government bonds that pay a fixed interest rate indefinitely and do not have a maturity date.
Sample Sentences
- The government issued consols to finance the rebuilding of infrastructure after the disaster.
- Investors were drawn to the stability of consols during times of economic uncertainty.
- She inherited a portfolio that included consols from her grandfather, which provided a steady income.
- The value of consols fluctuated with changes in interest rates, affecting many bondholders.
- Historically, consols were perceived as a safe investment, especially during periods of war.