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SourceLaw Dictionary Browse Letter C

Consols

Legal definition for Indian law research

Definition

Consols, funds formed by the consolidation (of which word it is an abbreviation) of different Government annuities, payable by way of interest to persons who had lent money to the Government on the security of different taxes, or for the maintenance of different parts of the public service. See CONSOLIDATED FUND, and CONVERSION OF STOCK.

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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