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 (diving) Rule of thirds (diving) In scuba diving, the rule of thirds is a rule of thumb used by divers to plan dives so they have enough breathing gas remaining in their diving cylinder at the end of the dive to be able to complete the dive safely. This rule generally only applies to diving in overhead environments, such as caves and wrecks, where a direct ascent to the surface is impossible and the divers must return the way they came. For divers following the rule, one third of the gas supply is planned for the outward journey, one third is