Consolidated Third would be redeemable for national lands; similar to what the Assignat was originally before it became a paper currency The value of these bonds was only one third of the value of the national debt, thus being a form of Debt consolidation. This would represent a repudiation of most of the state's debt, and a bankruptcy of two-thirds of the debt, leading to the euphemism of the remaining being a consolidated third. Consolidated Third The Consolidated Third (French: "le tiers consolidé") is the name given in France to the 1797 repudiation of public debt of which only one third was
Rule of thirds (military) Rule of thirds (military) The rule of thirds is a rule of thumb used when planning for the deployment and usage of a military organisation, according to which one third of the total military forces involved should be available for operations, one third should be preparing for operations and the final third, having been on operations, should be recuperating. Ideally, units and individuals regularly will rotate through each of the three phases. Different nations and militaries will vary the rule of thirds according to their own financial and manpower situations. At times of financial constraint, rather than increasing the total