Goschensn.
/ˈɡəʊʃənz/ (temporary.)
With plural agreement. A colloquial name for consols after their conversion from 3 to 23/ 4 per cent by G. J. Goschen in 1888 (later to 21/ 2).
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society > trade and finance > stocks and shares > stocks, shares, or bonds > [noun] > stock > of the national debt > consols
consolidated annuities1753
consols1770
three per cents1794
Goschens1889
1889 Man of World 29 June (Farmer) The nickname Goschens is going out of fashion. The new 2¾ stock is now called by the old name.
1891 Punch 4 Apr. 161/1 Securities yielding a larger return than 2¾ Goschens.
1903 Westm. Gaz. 15 Aug. 7/1 For various reasons, chief of which is the multitude of better-paying investments, the public are not buying Goschens.
This entry has not yet been fully updated (first published 1933; most recently modified version published online March 2019).
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n.1889