Word: gilt
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...return applied to Federal National Mortgage Association "participation certificates"-shares in a pool of Government-owned mortgages and other loans. They were available to the public in minimum lots of $5,000. Though not a direct obligation of the U.S. Treasury, the participation certificates come close to that gilt-edged status because the Attorney General has ruled that they are backed by the full faith and credit of the Government...
...Considered hors concours are Leigh and Mary Block, whose gilt-edged collection, valued at $10 million, focuses conservatively on impressionists and postimpressionists. It is currently touring U.S. museums...
...That increase will make loans less avail able-and more expensive. Very shortly, people seeking a bank loan for a car, a trip or a color TV set will probably find that it is costing them more in interest than it would have last week; those with less than gilt-edged credit ratings may find it impossible to borrow from a bank. The same principle applies-in a more important way-to home mortgages. California savings and loan associations last week reported their interest rates had gone from 6¾% to 6 9/10%. On a 20-year, $20,000 mortgage...
...press of deadlines led TIME to scramble its eggs and foul its anchors. Artist Boris Chaliapin painted the portrait in little more than nine hours, using as his primary guide a 1963 black-and-white photo of Bucher as a lieutenant commander-without gilt on his cap visor...
Seated amidst the gilt and crystal of a venerable concert hall, watching an elegantly tail-coated conductor lead a Brahms symphony, the modern concertgoer may sometimes feel that he is inhabiting a scene preserved in amber. In such a tradition-rounded realm, the conductor and everything under his sway appear to have been unaltered in half a century. His basic repertory is the same. The makeup of his orchestra and its instruments are unchanged. The auditoriums he performs in are virtually the size and shape they always were. Through an epoch of transformations that have touched nearly every human activity...