gilt edged security
Definition
High-grade bond issued by a national (federal) government or an established and stable firm with a long record of consistent earnings, and ability to pay its obligations on time and in full. Such securities used to have gilded edges. See also treasuries.
gilt edged security is in the Banking, Commerce & Finance, Investing and Securities & Futures Trading subjects.
gilt edged security appears in the definitions of the following terms: global fund, liquid asset, near money, cash collateral and permanent interest bearing share (PIBS)
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