Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance Dictionary

GREENSHOE

An OPTION granted by an issuing company to the SYNDICATE UNDERWRITING a NEW ISSUE of EQUITY, which permits the syndicate to sell additional shares as part of the PRIMARY MARKET offering in

GROSS INCOME

Production costs or cost of sales amount exceed by unadjusted, total sales revenue.

GROSS PRICE

Product or service invoiced value prior to any discounting. A value in accounting principles.

GROSSED-UP GIFT

The total amount promised by the deceased to a beneficiary. Since a gift tax can reduces the promised value, there is a practice of adding an amount back into the deflated value

GROUT

Mixxing aggregate, cement, and water to fill spaces between bricks or other frames.

GUARDIAN ACCOUNT

An account for a house that a guardian can get to as manager of the affairs of a disabled person. It is in the name of the beneficiary and the guardian and

HAGUE-VISBY RULES

The new name for the Hague rules that were changed in 1968. AKA Brussells Protocol of Amendments to the Hague Rules. It increases the limit of liability and containerized cargo.

HANDBOOK

The work on a topic for quick reference used to supplement a text book. It is used as a manual.

HARDBOARD

A panel of compressed wook and binding material with one smooth surface. It is between 50-80lbs/ft3.

HARVESTING STRATEGY

A planned ending of a product at its end cycle taking most profits possible. Marketing is gradually eliminated and sold at goodwill prices until a cut off point is reached. Refer to

HEALTH HAZARD

A substance that can damage the eyes, lungs, mucuos membranes, or skin. It causes chronic effects.

HEAT STRESS

A name for medical conditions like heat exhaustion, heat cramps, and heat stroke. It is caused by working in hot areas.

HEDGE FUND

Really risky unregulated US partnership that uses aggressive leverage to make profit when the price changes. It is restricted in tehUS to less than 100 investors with each giving 1 million each.

HENRY PAULSON

The former Treasurey Secretary of the US under the Bush administration. He is chairman and CEO of Goldman Sachs before his appointment.

HIDDEN INFLATION

Quality and quantity that decreaes even though the price goes down. It happens when the product stays at the same price but is offered in less numbers or quality.

HIGH LEVEL LANGUAGE (HLL)

A programming language that has english like syntax. Each statement can represent many languages instructions and do complex operations. I lets the programmer create without worrying about underlying machine architecture.

HISTORIC REHABILITATION LIMITED PARTNERSHIP

When a partnership is started to restore structure to original functioning. A rehabilitation tax is given by the IRS for this. Taxes are reduced dollar for dollar. It can be builders, investors,

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.