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

Category: Finance Dictionary

FUEL CELL

Invented in 1854 by the UK physicist William Robert Grove (1811-1896). It produces energy, usually electrical, by converting a chemical substance, like hydrogen. Hydrogen flows through a porous nickel or platinum alloy

FULL COST PRICING

Selling price added to the direct cost per unit of a product including all overheads as well as projected profit margin. The profit margin is a fixed portion of the average total

FULL SERVICE LEASING

The lessor provides periodic maintenance and breakdown repairs services under this leasing arrangement. Also refer to operating lease.

FULLY INVESTED

1. Condition where all of the assets in a mutual fund are in securities. Indicates management’s belief that stocks will rise. 2. Condition of no cash-liquid assets in an investment portfolio..

FUNDED PENSION PLAN

Pay out for all future retirement benefit claims for a pension plan are currently available.

FUTURE INTEREST

Affectivity future date for allowing privilege of possession and property use.

GAIN CONTINGENCY

Indication of an upcoming gain, possibly caused by a favorable ruling, for a specific company that drives pending or possible development.

GAMMA HEDGE

A HEDGE technique used primarily to manage or neutralize the effects of NEGATIVE GAMMA, which can create large losses if markets move sharply and quickly before DELTA HEDGES can be rebalanced. Creating

GAS WELDING

Producing coalescence with one or more gas flames, usually oxygen and acetylene in a process to join metal at the piece’s ends, with or without the use of a filler metal.

GEISHA

A PRIVATE PLACEMENT, denominated in a currency other than Japanese yen, which is issued by a Japanese company. See also DAIMYO, SAMURAI, SHIBOSAI, SHOGUN.

GENERAL BUSINESS TAX CREDIT

Combined from several business purposed credits. Reforestation, research and starting a pension plan are aggregate tax allowances.

GENERAL JOURNAL

A chronological record of an entity’s financial transactions that are a part of other, special journals, or where no special journal exists. A common type of journal used in record keeping.

GESTALT

No exact English equivalent exists; Fuzzy German word. Completeness, configuration, essence, form, manner, organic structure, totality, and wholeness are parts of the varying definition. For an individual, the organized form or pattern

GILT

Security/stock pages’ edges were gilded in the past. Traded on the London stock exchange (LSE) and issued by the UK government, these are long-term fixed income debt security bonds. LSE is now

GLOBAL

All countries; all peoples. Interchangeable with international, except for mutual funds. A global fund is worldwide, while an international fund is all other countries except the United States. Known also as worldwide

GLOBAL QUOTA

A nation’s commitment of how much it will import from all countries.

GLYPH

A single character representing something. Different glyphs result from using different fonts for the same character. A character bit pattern, be it an outline or a shape.

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