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

Category: G

GUARDED

Any barriers that are set in place to prevent access to property. It is done to prevent damage and protect from danger. It can be a fense, casing, or screen.

GUIDELINE LIVES

Asset lives that decide tax depreciation of a building or equipments. It uses categories for apartments and warehouses.

GAIN ON SALE OF ASSETS

Value increase posted on the balance sheet when a company profitably sells an valued asset. Selling furniture used in an office is an example.

GANTT CHART

A bar chart showing duration. Typically used for scheduled and completed work over a period. Invented in 1917 by US engineer-scientific management pioneer, Henry L. Gantt (1861-1919). The chart’s horizontal axis maps

GASFIELD

Where gas wells are drilled, in an onshore or offshore geographical area.

GEMOLOGY

Definition: Study of precious gems and gemstones. Industry uses it for subject matter expertise with gem appraisals.

GENERAL CARGO

Household goods or office furniture are not classified as generable transportable goods.

GENERATION X

Often described as cynical or disaffected people, this is a label for those born during the 1960s and 1970s. Often shortened to Gen X. With an increased understanding of technology by growing

GENSAKI

The broad Japanese MONEY MARKET, which includes trading in shortterm GOVERNMENT BILLS, CERTIFICATES OF DEPOSIT, NOTES, REPURCHASE AGREEMENTS and REVERSE REPURCHASE AGREEMENTS.

GETTING THINGS DONE (GTD)

David Allen authored this organizational method and book. The point that individuals must record critical tasks to get them done and out of their mind is the keystone principle. This frees the

GILT EDGED SECURITY

Such securities once had gilded edges. High-grade bond, known to pay its obligations on time and in full. Issued by a stable firm with a long record of consistent earnings, or a

GLOBAL CARBON BUDGET

In the carbon cycle where carbon exchanges occur between the earth’s carbon reservoirs of land mass and the atmosphere, this is the sum of all of these exchanges, both inflows and outflows,

GLOBAL RECESSION

Economic decline becoming worldwide in its impact. Long-term decline in Europe’s markets cause decline in the US and vice versa.

GNOME

A 15year PARTICIPATION CERTIFICATE issued by the FEDERAL HOME LOAN MORTGAGE CORPORATION. See also DWARF, MIDGET.

GOING RATE

Like a commission, discount, or interest, it is some percentage to the existing price.

GOLDEN SECTION

A line divided into two unequal parts that have ratios stated as: the ratio of the smaller part (‘a’) to the larger part (‘b’) is the same ration as the larger part

GOPHER

Obsoleted by Google-like advanced search engine. Early online method of simple text storage and retrieval.

GRAPHICAL USER INTERFACE (GUI)

Interface, point-of-contact software managing what passes forth and back between the computer and its user. Whatever displays, whatever a user enters, by keystroke, mouseclick, finger or stylus touch, or speech, is managed

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.