consols

简明释义

英[kənˈsɒlz]美[kənˈsɑːlz]

n. 统一公债（英国政府1751年开始发行的长期债券）

英英释义

单词用法

同义词

反义词

例句

1.They shrewdly got out of British consols in 1817, but England was the nation where the family flourished above all.

尽管他们在1817年精明地退出了英国的统一公债市场，但是最重要的是英国是这个家族兴旺繁荣起来的地方。

2.They shrewdly got out of British consols in 1817, but England was the nation where the family flourished above all.

尽管他们在1817年精明地退出了英国的统一公债市场，但是最重要的是英国是这个家族兴旺繁荣起来的地方。

3.The yield on consols has remained stable over the past year.

过去一年中，公债的收益率保持稳定。

4.The government issued new consols to fund infrastructure projects.

政府发行了新的公债来资助基础设施项目。

5.Many retirees prefer consols for the steady interest payments.

许多退休人员更喜欢公债，因为它提供稳定的利息支付。

6.Investors are keen on buying consols due to their fixed income nature.

由于其固定收益特性，投资者热衷于购买公债。

7.During economic downturns, consols can be a safe investment option.

在经济低迷期间，公债可以是一个安全的投资选择。

作文

In the world of finance, there are numerous instruments that investors can utilize to manage their portfolios and secure their financial futures. One such instrument is known as consols, which refers to a type of government bond that was originally issued in the United Kingdom. These bonds are unique because they have no maturity date, meaning that they pay interest indefinitely. The term consols is derived from 'consolidated annuities,' reflecting their nature as long-term investments that provide steady income over time.The historical significance of consols cannot be overstated. They were first introduced in the 18th century as a means for the British government to consolidate its debt and raise funds for various projects, including military campaigns and infrastructure development. Investors were attracted to consols because they offered a reliable source of income through fixed interest payments, which were paid semi-annually. This made them particularly appealing during times of economic uncertainty when other investment options might have seemed too risky.Today, while the popularity of consols has waned, they still serve as an important example of how governments can leverage debt instruments to finance their operations. The concept of perpetual bonds has been adopted by various countries, albeit in different forms. For instance, some municipalities issue similar bonds to fund public projects, allowing them to tap into a steady stream of revenue without the pressure of repaying the principal amount.Investors considering consols must weigh several factors before making a decision. First, they should assess the current interest rate environment. Since consols pay a fixed interest rate, their attractiveness diminishes when prevailing rates rise. Conversely, in a low-interest-rate environment, consols can provide a competitive yield compared to other fixed-income securities.Another critical consideration is the creditworthiness of the issuing government. While UK consols are generally considered safe due to the government's backing, investors must be cautious about bonds issued by less stable entities. A downgrade in credit rating can lead to a decline in the value of consols and potentially jeopardize the expected income stream.Moreover, investors should also consider their own investment goals and risk tolerance when evaluating consols. For those seeking a stable income with minimal risk, consols may be an appropriate choice. However, those looking for capital appreciation may find better opportunities in equities or other asset classes.In conclusion, consols represent a fascinating chapter in the history of government finance and investment strategy. Understanding their mechanics and implications can help investors make informed decisions in their quest for financial stability. As we navigate the complexities of the financial markets, it is essential to recognize the role of such instruments in shaping our economic landscape and providing opportunities for growth and security. Whether one chooses to invest in consols or not, their legacy endures as a testament to the enduring relationship between government borrowing and investor confidence.

在金融世界中，投资者可以利用多种工具来管理他们的投资组合并确保他们的财务未来。其中一种工具被称为consols，它指的是一种最初在英国发行的政府债券。这些债券的独特之处在于它们没有到期日，这意味着它们可以无限期支付利息。术语consols源自“合并年金”，反映了它们作为长期投资的性质，能够提供稳定的收入。consols的历史意义不容小觑。它们在18世纪首次推出，作为英国政府整合其债务和筹集资金的手段，用于各种项目，包括军事行动和基础设施建设。投资者被consols吸引，因为它们通过固定的利息支付提供了一种可靠的收入来源，这些利息每半年支付一次。这使得在经济不确定时期，它们尤其具有吸引力，而其他投资选择可能显得过于风险。今天，尽管consols的受欢迎程度有所下降，但它们仍然作为政府如何利用债务工具为其运营融资的重要示例。永久债券的概念已被各国采纳，尽管形式有所不同。例如，一些市政当局发行类似债券以资助公共项目，使它们能够获取稳定的收入流，而无需偿还本金。考虑投资consols的投资者在做出决定之前必须权衡几个因素。首先，他们应该评估当前的利率环境。由于consols支付固定的利率，当现行利率上升时，它们的吸引力会减弱。相反，在低利率环境中，consols相比其他固定收益证券可能提供更具竞争力的收益。另一个关键考虑因素是发行政府的信用worthiness。虽然英国的consols通常被认为是安全的，因为有政府的支持，但投资者必须对由不太稳定的实体发行的债券保持谨慎。信用评级的下调可能导致consols的价值下降，并可能危及预期的收入流。此外，投资者在评估consols时还应考虑自己的投资目标和风险承受能力。对于那些寻求稳定收入且风险较小的人来说，consols可能是一个合适的选择。然而，对于那些希望获得资本增值的人来说，可能会在股票或其他资产类别中找到更好的机会。总之，consols代表了政府融资和投资策略历史中的一个迷人章节。理解它们的机制和影响可以帮助投资者在追求财务稳定的过程中做出明智的决策。当我们在金融市场的复杂性中航行时，认识到这些工具在塑造我们的经济格局和提供增长与安全机会中的作用至关重要。无论一个人选择是否投资于consols，它们的遗产作为政府借贷与投资者信心之间持久关系的证明依然存在。