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

Category: Finance Dictionary

GRACE PERIOD

Additional time scheduled or allocated to complete a task, such as complying with a regulation, meeting an obligation, or obtaining an agreement.

GRAINS PER GALLON (GPG)

Water hardness as a measured unit. 1 grain (64.8 milligrams) of calcium carbonate dissolved in 1 US gallon of water equals one GPG. It figures out to be 14.3 parts per million

GRAY KNIGHT

A second unsolicited bidder in a HOSTILE TAKEOVER transaction that attempts to take advantage of the target company

GRIDLOCK

In Finance, this is the inability to do day-to-day operations due to a business crisis using essential corporate resources, and unable to resolve the crisis.

GROSS RATING POINT (GRP)

Weekly advertising schedule’s rating points tally. Can be tallied for longer periods. The tally can represent the percent of targeted households reached once per week, or the percentage of them reached 100

GROUND LEASE

Type of lease that is long-term, typically 99 years. It involves land with standing buildings or for developing land. the owner of the land gets the property as-is at the end of

GROWTH FUND

A mutual fund that invests in stock. These stocks are in their growth stage and thusly have a higher risk. Income stocks are more stable and risk less principal.

GUERILLA MARKETING

When a small firm can compete with a bigger one getting a narrow niche of profit. It can be extreme specialization, impressing customers, providing great service, having fast response time, fast turnaround,

GUNS OR BUTTER

A model that compares military spending and food supplies in a nations spending. It shows the increase of one relying on the decreasing of the other.

HALF LIFE (T

The time it takes a material to lose half its amount or concentration. It is related to biodegredation.

HANDLING

Coordiating operations regarding materials or goods over a short distance.

HARD COST

The price of a hard asset like land. It is different from any costs associated with financial issues.

HARDNESS

1. the resistance of a material to changes and drilling. It is a hardness test with no standard scale. Each test has its own measure. Refer to Mohs’ hardness scale. 2. the

HAWTHORNE EFFECT

How employee motivation is affected by show of concern and change in work conditions. The better the conditions the happier and more efficient the worker. If the manager shows concern the employee

HEALTH MAINTENANCE ORGANIZATION (HMO)

A firm that gives basic long term care through volunteering. All manner of personnel are on the board. They pay a fee that lets them use services. Supplemental services are also offered.

HEDGING

Limited or offsetting the loss from changes in price. It transfers risk without buying insurance.

HERD INSTINCT

A group of investors that are vulnerable to stock prices and sell as a group.

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