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

Category: Finance Dictionary

GOING-CONCERN PRINCIPLE

That in the foreseeable future, a company will continue to operate as it is doing so now, is a significance principle in accounting. When the worth of a running business is compared

GOLDMAN SACHS

US-based investment bank. Deals in a wide ranges of financial services. Investment banking, prime brokerage, commercial banking, and asset management are its main focus areas . Goldman Sachs was first bank to

GOVERNMENT BOND

A DEBT instrument issued by a governmental authority as a funding mechanism. Government bonds are generally issued on a fixed or floating rate, COUPON BEARING, basis, with maturities extending from 1 to

GRADUATION PERIOD

Documented time schedule for graduated mortgage payments to increase by set percentage. This time schedule is usually annually. Typically this is a fixed rate mortgage, not an adjustable rate mortgage. In this

GRAVEYARD MARKET

Bear, or down, market with substantial losses facing sellers, with buyers staying out of the market, keeping liquid, not investing. The name comes from no action, or trading life, in the market.

GREENWASHING

Ecosystem damage by making harmful products or providing detrimental services instead of going green as the company intended.

GROSS PROFIT MARGIN

Company’s profitability as a percentage of gross profit. Calculation is gross profit divided by revenue.

GROUND COVERAGE

Airplane insurance covering its body on the ground. ‘Not in flight’ or ‘not in motion’ are the dangers listed .’ A taxiing airplane is also covered by ‘Not in flight’ coverage.

GROWTH COMPANY

A company that is a leader in their industry because of a high growth level. The cash flow and earnings are used to decided this. The companies have something that draws more

GUARDIAN DEED

A deed a guardian is given to sell a property. It is given when the court sees the original owner is not capable of making decisions regarding personal affairs.

GUN JUMPING

(1) The public solicitation of orders for a PRIMARY OFFERING before REGISTRATION is complete. (2) TRADING of securities on the basis of nonpublic information (as a form of INSIDER TRADING). Gun jumping

HALF COMMISSION MAN

A party that tries to get new clients to buy investments through a firm. They get half the fee as commission.

HANDICAP

A disadvantage that limits performance on a task or goal.

HARDENING

The way a material gets harder by heat treatment or cold forming.

HAUSBANK

In Germany, a BANK acting as the primary relationship banker to a company, providing or arranging a variety of creditrelated services. Hausbanks often wield additional power by directly holding large shareholdings in

HEALTH INSURANCE

A plan covering or sharing expense with health care. They are commercial, private, or social insurance.

HEAT TREATMENT

How metal is heated and than cooled t change its structure and the desired results.

HEDGER

A party that employs HEDGING techniques in order to minimize, or neutralize, RISK, often through DERIVATIVE contracts. See also HEDGE, SPECULATOR.

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