irredeemable gilts

irredeemable gilts
irredeemable gilts irredeemable gilts gilts

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irredeemable gilts UK US noun [plural] (also undated gilts) FINANCE
bonds sold by the UK government with interest paid to lenders, but the principal (= original amount borrowed) will not be paid back: »

There are still some irredeemable gilts in issue.

Compare IRREDEEMABLE STOCK(Cf. ↑irredeemable stock)

Financial and business terms. 2012.

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Look at other dictionaries:

  • Gilts — British and Irish government securities. * * * gilts gilts [gɪlts] noun [plural] FINANCE British government bonds sold by the Bank of England, done to finance the British national debt: • Gilts fell sharply desp …   Financial and business terms

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  • stock — physical items ( inventory) that a business uses in its production process or has for sale in the ordinary course of doing business. Glossary of Business Terms Ownership of a corporation indicated by shares, which represent a piece of the… …   Financial and business terms

  • Stock — Ownership of a corporation which is represented by shares which represent a piece of the corporation s assets and earnings. The New York Times Financial Glossary * * * ▪ I. stock stock 1 [stɒk ǁ stɑːk] noun 1. [countable, uncountable] especially… …   Financial and business terms

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