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) the few nations that can afford both the manpower costs of doing this, while still being able to ensure that enough boats are in service to have the ability regularly to stagger boats out for deep maintenance without appreciably affecting the total number available. 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,