GILT Definition

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GILT is a bond issued by the UK government. Gilts are equivalent to a U.S. Treasury security.

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EBITDA means Earnings Before Interest, Taxes, Depreciation and Amortization, but after all product / service, sales and overhead (SG&A) costs are accounted for. Sometimes referred to as Operational Cash Flow.

CASH DIVIDEND is the payment of earnings to shareholders.

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