Gilt-edged

Not that often do terms from finance enter the general parlance, but one of them is gilt-edged.

If you've ever had a gilt-edged opportunity then you will thank your lucky stars.

And gilts are a financial item you may well have heard of, and is short for gilt edged.

They are British pound sterlin bonds (aka gilts as mentioned) issued by the Bank of England, the name comes about because when first issued they literally were gilt edged.

Related Articles

European Central Bank
Going short
Lease
Basis point
Counterfeit

More Financial Words and Vocabulary Explained