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Dr.Henry_Killinger said:

Console actually refers to a container of electronics not of controls specifically. Controls are inclusive in that definition. Wired controllers are peripherals that are not part of the system itself so the console (video game) itself doesn't control anything with regard to accepting user input, invalidating its classification under that definition. A old school computer terminal is more akin to that definiton of console.

Furthermore, there is no need to create new terminology for a dedicated video game device, because 1. its still fits the definition of console and 2. not that many things are referred to as consoles anymore anyway.

Right. 

I would add that consoles are not aimed to display a computer game specifically on a TV, but on any kind of screen or display (external or self-built) with video and sound.