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gilts

From Longman Business Dictionary
Related topics: Finance
giltsgilts /gɪlts/ noun [plural] FINANCE British government bonds sold by the BANK OF ENGLAND, done to finance the British NATIONAL DEBTGilts fell sharply despite continued firmness in the pound. index-linked gilts irredeemable gilts long gilts medium-term gilts short-term gilts undated gilts variable rate gilts