释义 |
gilt-edged stock in British English (ˌɡɪltedʒdˈstɒk) noun stock exchange government stock on which interest payments will certainly be met and that will certainly be repaid at par on the due date Examples of 'gilt-edged stock' in a sentencegilt-edged stock Gilt-edged stocks were exempted from capital gains tax to persuade investors to buy.Many imagine government gilt-edged stock is completely safe, but that is not necessarily so.This pumps cash into the economy, but at the same time it lowers the yields on gilt-edged stocks, which determine annuity rates (see above, right).Accountants use corporate bonds that are priced off gilt-edged stocks, as a supposedly stable measure.Pessimists say that if such an administration could not decide how to reduce the deficit, the prices of government gilt-edged stocks would fall.Putting your money into bonds - government gilt-edged stocks and corporate bonds - shouldbe a reassuring option. |