gilt

Definition

Gold or other metal in a thin layer; gilding.

Etymology

Formed in English from the verb gild (“to cover in gold”). Compare gold and German Geld.

Example Sentences

• "three corrupted men […] Have, for the gilt of France,—O guilt indeed!— Confirm'd conspiracy with fearful France"
• "higher gilt yields"
• "However, as asset prices slumped over the week – including UK government bonds, or gilts – those banks required more collateral to offset the pension funds’ liabilities, forcing the funds to dump assets and raise cash at short notice."