In this romantic comedy, Marilyn David (Claudette Colbert) is a stenographer who has become good friends with Peter Dawes (Fred MacMurray), a newspaper reporter who takes the same subway as she does each morning. While Peter is crazy about Marilyn, she has her eye on Charles Gray (Ray Milland), a wealthy Englishman. Charles is the son of Lloyd Granville (C. Aubrey Smith), a titled British nobleman, which means Charles is rich, good looking, <I>and</I> minor royalty, tipping the scales in his favor. Charles proposes marriage to Marilyn, but after a sudden argument, she turns him down. Peter is ecstatic at this bit of news and publishes an article about the working girl who passed on a chance to marry into money and nobility. Marilyn is suddenly famous as "The No Girl," and is even able to turn her sudden notoriety into a new career as a nightclub performer. Marilyn's fame causes Charles to take a second look at her; he asks her to reconsider, but Marilyn wonders if she might be better off with Peter after all. The Gilded Lily was the first co-starring vehicle for Claudette Colbert and Fred MacMurray, who would go on to make seven movies together.