CONSOL Meaning and
Definition
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Consol (noun)
Pronunciation: /kənˈsɒl/
Definition:
1. A shortened form of the word "consolidated," referring to a financial instrument issued by a government or corporation as a form of long-term debt. Consols are perpetuities, meaning they have no maturity date and pay a fixed interest to the bondholder until it is redeemed by the issuer. Originally issued by the British government in the 18th and 19th centuries, consols gained popularity due to their reliability and consistent payment. They are often regarded as a relatively safe investment, as the issuer is obligated to pay the principal and interest indefinitely.
2. In the field of technology, particularly gaming, the term "consol" is a colloquial shortening of the word "console." A consol is an electronic device designed for video games that connects to a television or computer monitor. It typically consists of a central processing unit (CPU), controllers, and multimedia interfaces. Game consoles are primarily used for playing electronic games and are popular among both casual and hardcore gamers.
Usage example:
1. The British government's consols were highly sought after by investors looking for secure long-term investment opportunities.
2. He spent hours playing games on his consol and immersing himself in virtual worlds.
Common Misspellings for CONSOL
- Co.sol
- Cofsol
- Colsol
- Coosol
- Con3ol
- Concol
- Conqol
- Consgl
- Consml
- Consnl
- Consod
- Consoh
- Conson
- consewl
- consowl
- c onsol
- co nsol
- con sol
- cons ol
- conso l
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