The Law Dictionary

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

Category: G

GROWTH MUTUAL FUND

Stock fund investing in the fastest growing firms to increase profits. There is more risk and premium for the stocks. If a decline occurs the earnings decline faster. But when it is

GUARANTEED LATE ARRIVAL

An arrangement when a hotel keeps a room for a guest that arrives late. If the customer doesn’t show up the card will be charged for the night anyway. Refer to guaranteed

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.

GAINFUL EMPLOYMENT

Condition of the employee receiving consistent work and payment from the employer. What a worker or college graduate seeks to provide consistent, continual income for self and family. Used in ranking colleges

GAP RATIO

Calculated as the worth of a company’s short-term investments against short-term expenses. Measures recognized profit at investment due-date.

GATEKEEPER MODEL

The patient’s contact point, referring patients for testing and to specialists. Typically, the patient’s primary care physician in certain types of HMO or PPO.

GENERAL CONDITIONS

Usually in a spec’s book or in associated architectural drawings of a contract, these contract conditions set the rights and responsibilities of the parties involved as well as the minimum contractor performance

GENERAL SERVICES

Insurance, medical, payroll, personnel, and security services not confined to any department or function, applicable to the entire firm.

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

GIGA (G)

Specifies a multiple of one billion as a prefix.

GIVEN

Synonymous with stipulated. Agreement by involved parties on the truth of an assumption, estimate, premise, or quantity provided, or accepted as a fact.

GLOBAL DEPOSITORY SHARE (GDS)

COMMON STOCK issued by a nonlocal company in a local marketplace. GDSs, generally denominated in the local currency (and occasionally in US dollars), are typically registered with local regulators and may be

GLOBAL RESOURCE INFORMATION DATABASE (GRID)

The UN Environment Program (UNEP) set up this agency in 1985. It has two purposes: (1)integrate scientific understanding of the worlds’ processes; (2) have sound environmental management in countries, land-mass, and worldwide

GOAL COMMITMENT

A documented dedication of time, money, people towards gaining a stated objective.

GOLD FIX

The spot price of gold bullion and gold related contracts the world over is set every business day at 10:30 a.m. and 3:30 p.m., GMT, twice daily, by experts in London, Paris,

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