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Category: G

Gilts

Definition Gilts are bonds that are issued by the UK government as a way of borrowing money from investors. They are considered low-risk investments because

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Gift Inter Vivos

Definition Gift Inter Vivos is a Latin term that literally translates to “between the living.” In financial and legal contexts, it refers to a gift

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Gilt-Edged Bond

Definition A gilt-edged bond refers to an investment in debt issued by a highly rated corporation or government seen as financially stable and reliable. These

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Gift Tax

Definition Gift tax is a federal tax applied to an individual giving anything of value to another person. It’s applied for gifts over a certain

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Gift Splitting

Definition Gift splitting is a financial strategy used by married couples to reduce their gift tax liability. It allows a couple to share the gift

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Gig Economy

Definition The gig economy refers to a labor market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs. Here,

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Gift in Trust

Definition A Gift in Trust is a financial term referring to an arrangement in which money or property is given to a trust so it

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Gilt-Edged Securities

Definition Gilt-edged securities are high-quality investment-grade bonds issued by the government or top-rated corporations. They are deemed safe with minimal risk as the issuers are

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Gift of Equity

Definition A Gift of Equity is a real estate transaction where a seller reduces the sale price below market value as a means of providing

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