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

Category: G

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

GAP MANAGEMENT

Control applied over the mitigation of identified gaps. Assets and liabilities are weighed and compared before commitment. Investment gain prediction is essential to balance added investment or added interest of borrowed funds.

GASTROENTERITIS

Inflammation of the stomach and the intestines. General symptoms include abdominal pain, diarrhea, fever, headache, nausea, and vomiting. Typical cause is varied. Also caused by lactose intolerance. Some common causes are bacteria

GENERAL ACCEPTANCE

Condition when all parties involved in a bill of exchange accept it without qualification. Original terms of the B/E are unchanged. Also refer to qualified acceptance.

GENERAL COLLATERAL (GC)

COLLATERAL in the REPURCHASE AGREEMENT market that is in abundant supply and which does not therefore allow a repurchase agreement borrower to obtain a lower than normal borrowing rate. See also SPECIAL.

GENERATIVE LEARNING

Incorporating current knowledge with experimentation and open-mindedness of new ideas into a style of learning. A new way of viewing old methods drives this style of learning. It encourages individual and team

GEOGRAPHIC INFORMATION SYSTEM (GIS)

Software generating overlay maps to reference database information in combination with cartography. Displays range from the number of customers or prospects residing in a locality, for marketing purposes, to the extent of

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.