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

Category: Finance Dictionary

GOING CONCERN

A business currently successful with indications in the foreseeable future of continuing to do well.

GOLDEN BUNGEE

Providing consulting services, public relations gigs, or remaining connected to the company somehow, an executive’s severance package provides generous perks in exchange.

GOODHART’S LAW

Professor Charles Goodhart introduced this theory. Originally applied to the stability of economic spending, it now points out the problem of assigning value to a specific variable to be used as an

GRADED DEATH BENEFITS

Typically in life insurance policies taken on children. Death benefit dependent on age of the child or age of the policy. It is possible for the benefit amount to be less than

GRAND STRATEGY

Entity planning of major goals and objectives. Essential corporate actions mapped to a comprehensive, long-term plan. Market, product, and/or organizational development tied to acquisition, divestiture, diversification, joint ventures, and strategic alliances are

GREAT DEPRESSION

Decade-long financial-depression in the US from 1930 through 1940. Its devastating worldwide impact resides as the worst in living memory. Its precise causes are disputed. However, its beginning occurred on Black Monday,

GROSS BILLING

Billing total product or service cost with no adjustments or deductions. If ten units of product are bought at $100, but two units are returned, the gross billing is still $1,000. The

GROSS NATIONAL HAPPINESS (GNH)

Psychological and physiological attempt to measure national happiness as a part of GDP (Gross Domestic Product). Bhutan’s former King Jigme Singye Wangchuck coined it in 1972. Techniques vary, but a widely used,

GROSS SALARY

Un-adjusted by deductions, total aggregate employee wage amount. Pay can occur weekly, biweekly, or monthly. Value before federal and state taxes are deducted. This value is one factor creditors use to base

GROWTH POTENTIAL

The probability that a business will grown. It uses sales and revenues to predict this.

GUEST PROPERTY COVERAGE

Coverage for hotel or motel property. It can cover a safe deposit box and legal liability for damages while in the insured’s possession.

GYPSY SWAP

Stock being repurposed by many parties to increase profit for all.

HALO EFFECT

Sharing good feelings about one element of a product or person to another. It can be unrelated. It is different from the devil’s horns.

HANDS-ON INVESTOR

An investor with many shares that is not satisfied or wants to be active in decision making. They influence the company.

HARD MANUFACTURING

Using fixed production equipment to make large amounts of a product. It cannot be easily moved to make room for a new product.

HARMONIZATION

Changing differences on different measurements and procedures or schedules to make them unicorm and compatible.

HEAD HUNTER

A recruitement angency that finds personnel and make them a candidate for a job.

HEAT EXCHANGER

Equipment transfering heat form one item to another. It can be a readiator. Refer to heat sink.

HEAVY MARKET

A market with falling or non changing prices due to buyer shortages. It shows investor uncertainty.

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