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

Category: G

GIFTED

A person above average in one or more talents. Usually a child. An example is any child of seven or less who is able to play an instrument at near adult level.

GIVE UP

Highly scrutinized, most investment firms avoid this practice. Who is entitled to the commission fee on a transaction that an investment broker posts for another investment broker but takes record of full

GLOBAL ECONOMY

Intertwined economic activity of various countries considered worldwide by their impact on other countries negatively or positively. Examples are the faltering European governments and their impact on the financial markets world wide.

GLOBAL STRATEGY

Targeting growth for sales of products or services worldwide, an organization plans product development.

GOAL SEEKING

Modeling scenario analysis or goal seek or what if analysis. Modeling the mapping / tracking data sources into a process to project expectations. Drive towards determining what is needed to archive a

GOLDBRICKS

COMMON STOCKS that appear to be financially sound on the surface, but which feature little substance when examined more closely.

GOOD FAITH EFFORTS

Does not necessarily include due diligence. Focused efforts to produce desired or required results by deliberate action.

GRADE

1. Category level, quality rating, or step-wise rank. 2. Scaled classification. 3. To make a bumpy surface even or smooth. 4. A building or structure horizontal ground level 5. Another name for

GRAND JURY

Type of jury composed of 23 citizens. This is a pre-trial jury that decides if prosecution evidence is sufficiently strong to bring an accused to trial for the specified crime. Abolished in

GRAY SCALE

Image display or printing with each pixel being only black, or white, or a shade of gray. Due to pixel-control by more than one bit of computer memory. The greater the bits,

GRIT

Fineness value of abrasive material used to polish, like compounds and sandpapers. Originally, the number of holes per square inch of the mesh used in screening a particular material was this fineness

GROSS RENT

Monthly rent including an estimated utility cost. Basic charge to occupy a premise . This is the monthly amount paid by the renting party to the owner (or another third party).

GROUND RULES

Basic agreed-to constraints and allowances in a negotiation or competition. Governs the process, conduct, and scope leading to procedures and limits.

GROWTH OBJECTIVES

A goal that guides decision making for a firm. It is indended to between present and projected earnings.

GUEST HOUSE

Accommodations that are larger than a bed and breakfast. The breakfast is in the room charge but does not cover alcohol. It can be a low budger room or luxury apartments. They

GUT SPREAD

Investments with high rates of profit in short time before market devaluation.

GAINS SHARING

Pay-incentive plan. Motivational tool for employees as a group. Seeks improved productivity in their workgroup. Improvement comes from a more efficient use of resources (energy, labor, and materials). The group shares the

GARAGE COVERAGE FORM

Auto repair shops, dealerships, or garages, any business’s commercial coverage for multiple automobiles on their premises.

GATEWAY CITY

Entry point to or from a country; a primary arrival and departure point. Typically is an airport or seaport.

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