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

Category: Finance Dictionary

GROSS MARGIN

(Sales revenue minus Cost of sales) divided by Sales revenue calculates this value.

GROSS RECEIPTS

Total amount of monies taken in from sales, asset interest, and any rents, minus monies taken in from the sale of assets or an employee withholding tax. Typically done before deducting expenses.

GROUND OPERATOR

Entity providing accommodations, sight seeing, or local transportation to incoming passengers. Known also as purveyor.

GROWTH INDUSTRY

A sector of the economy that is growing faster than the economy. AKA sunrise industry.

GUERTIN LAWS

Laws about nonforfeiture and value that are standard. The NAIC committee developed the laws, specifically Alfred Guertin in 1947.

GUNSLINGER

Slang term for a broker that is searching for the next big thing.

HALF PENSION RATE

A European term for a room rate with breakfaste only and one extra meal. AKA demi board rate, demi pension rate, half borad rate, or modified american plan. Refer to en pension

HANDLING ALLOWANCE

A discount or price that a retailer gives to sell a product. Additional work that needs to be done by the retailer.

HARD CURRENCY

A currency that is stable and have investor’s confidence. It is payment without extreme rate changes.

HAY SYSTEM

A job evaluation system that uses know how, problem solving, and accountability. It focuses on ideas that are universally applicable. The three systems are technical know how, management know how, or human

HEALTH PROFESSIONAL

A party that is accredited by the professional body in the study. It is governmentaly licensed to do health care work. Refer to medical practitioner.

HEREUNDER

It refers to terms and guidelines in the documents.

HIDDEN RESERVE

A resource not on a balance sheet like land or a building that has less value than the market value. It is hidden sometimes on purpose to have a lower taxable income.

HIGH RISK FOOD

The most risk of contamination die to storage at a specific temperature range in an unsterilized area.

HIGH-PRESSURE TACTICS

Using threats or intimidation illegally to sell insurance. It is used in marketing for medicare suppliments.

HISTORICAL VOLATILITY

A retrospective statistical measure of the price movement of an ASSET based on historical data, often conveyed in terms of VARIANCE or STANDARD DEVIATION. Historical volatility is applied to various financial and

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