What is the meaning of a Gilt-Edged market?
- ABullion market
- BMarket of government securities
- CGun market
- DMarket of pure metals
Solution & Step-by-step Explanation
The gilt-edged market refers to the market for government and semi-government securities, backed by the government. These instruments are considered extremely safe and risk-free, hence the term "gilt-edged" (meaning top quality).