gilt
C1CEFR level
65/100Rarity: rare
TechnicalRegister
A bond issued by the British government, regarded as a low-risk investment.
Pension funds loaded up on long-dated gilts to match their distant liabilities.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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