gilt-edged securities

gilt-edged securities
Known as gilts. UK government bonds. They are a form of long-term government borrowing. Gilts usually have a fixed term and pay a fixed level of interest. Their value varies inversely with changes in the interest rates. Gilts are always redeemed at the end of their term for their original face value.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • gilt-edged securities — British and Irish government securities. blue chip. Bloomberg Financial Dictionary Gilts or Gilt Edged Securities Debt securities issued on behalf of the Government. London Stock Exchange Glossary * * * gilt edged securities UK US noun [plural]… …   Financial and business terms

  • Gilt-Edged Securities — High grade bonds that are issued by a government or firm. This type of security originally boasted gilded edges, thus the name. In the case of a firm, a gilt edged security is a stock or bond issued by a company that has a strong record of… …   Investment dictionary

  • gilt-edged securities — /ˌgɪlt edʒd sɪ kjυərɪtiz/ plural noun investments in British government stock …   Dictionary of banking and finance

  • gilt-edged — [gilt′ejd΄] adj. 1. having gilded edges, as the pages of a book 2. of the highest quality, grade, or value [gilt edged securities]: Also gilt edge …   English World dictionary

  • gilt-edged — adjective 1. of the highest quality or value gilt edged securities gilt edged credentials • Similar to: ↑superior 2. having gilded edges as the pages of a book • Similar to: ↑adorned, ↑decorated * * …   Useful english dictionary

  • Gilt-Edged Switching — The selling and repurchasing of certain high grade stocks or bonds to capture profits. Gilt edged switching involves gilt edged security, which can be high grade stock or bond issued by a financially stable company such as the Blue Chip companies …   Investment dictionary

  • gilt-edged — /ˈgɪlt ɛdʒd / (say gilt ejd) adjective 1. having the edges gilded: gilt edged paper. 2. of the highest order or quality: gilt edged securities …  

  • gilt-edged — or gilt edge adjective Date: 1818 1. having a gilt edge 2. of the best quality or rating < gilt edged securities > …   New Collegiate Dictionary

  • gilt-edged market makers — gilts primary dealers The market makers approved and supervised by the Bank of England for dealing directly with the Bank in gilt edged securities. They have to some extent taken over the role of the government broker …   Big dictionary of business and management

  • gilt-edged — ˈgilt edged adjective FINANCE gilt edged investments are the safest available, usually in government bonds: • The safest place to put your money is with the government. Over hundreds of years, it has never defaulted on gilt edged bonds. • the… …   Financial and business terms

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