Definition of gilt
:covered with gold or gilt :of the color of gold
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From the M-W Editors
Origin and Etymology of gilt
Middle English, from past participle of gilden to gild
Definition of gilt
1
:gold or something that resembles gold laid on a surface
3
:superficial brilliance
4
:a bond issued by the government of the United Kingdom
Origin and Etymology of gilt
Origin and Etymology of gilt
Financial Definition of GILT
gilt
What It Is
Gilts are bonds issued by the British government. India's government bonds are also called gilts.
How It Works
Gilts get their nickname from the gilded edges that the security's certificates used to have.
In Britain, gilts are issued in 100-pound units and represent a loan to the government. The bonds promise income over a fixed term, and the government repays the principal at maturity. Investors can buy gilts from the British government by going to the government's Debt Management Office or via a brokerage service. Investors can also buy gilts at the post office.
Why It Matters
Gilts are the British equivalent of U.S. Treasury securities. Like Treasurys, some are indexed to inflation. Large financial institutions are the largest purchasers.
Source: Investing Answers
GILT Defined for English Language Learners
gilt
play
adjective
Definition of gilt for English Language Learners
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: having a golden color
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: covered with gilt
GILT Defined for Kids
Definition of gilt for Students
:a thin layer of gold or something like gold
- The vase was covered with gilt.
Medical Dictionary
Learn More about gilt
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See words that rhyme with gilt Spanish Central: Translation of gilt Nglish: Translation of gilt for Spanish speakers Britannica English: Translation of gilt for Arabic speakers
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