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

Category: G

GOOD CAUSE

This term means that from a legal point of view there are sufficient grounds to act on.

GENERAL DEMURRER

a statement made by the defendant claiming the plaintiff has insufficient evidence to justify a suit.

GHOST SURGERY

a term used when a patient undergoes surgery and a different surgeon does the operation without the patients consent.

GROSS SPREAD

The term for gross income in the securities industry. The difference of investor’s purchase cost and issuer’s sale . Underwriter’s fee, issue manager’s fee, and security selling firm discount are all items

GROUP CERTIFICATE

Lists group benefits given to each group plan policyholder. Typically, this is a certificate .

GROWTH STAGE

The third state in a life cycle when revenue raises fast and profits peak. The decline begins after this.

GUIDANCE DOCUMENT

Guidelines written to give broad advise on procedure instead of precise requirements and standards.

GAMBLING

Betting; wagering. Results in either a gain or total loss of wager, the money or asset put up. Neither risk-taking nor investing, nor like insurance. Risk taking or speculation takes on substantial

GARMAN KOHLHAGEN MODEL

Foreign exchange’s European call option value estimating formula. Risk-free interest rate paid on foreign currency is a continuous dividend yield in this formula. Borrowing and lending takes place at the same interest

GAUGE REPEATABILITY & REPRODUCIBILITY (GR&R)

Measurement accuracy determination. Confirming a test result by several measurements taken by the same person are identical in value, setting its repeatability, and several measurements taken by different persons are identical in

GENERAL AND ADMINISTRATIVE EXPENSE (G&A)

Accounting for expenditures not directly associated with goods or services production. Money spent in operating a business for typical things, such as rent, salaries, telephone charges, and the like.

GENERAL STRIKE

Seeking to extract concessions, this type of labor stoppage tries to paralyze a country or regional economy. Far-reaching labor stoppage in most or all industries. Rare in developed countries. The last one

GENERIC NAME

Once exclusive, unique brand names that now identify a category for all brands under this respective category of products. Fridge (refrigerator), PC (desktop computer), Thermos (vacuum flask) are some examples. Generic names

GEOMETRIC BROWNIAN MOTION

A lognormal, continuoustime STOCHASTIC PROCESS where the movement of a variable, such as a financial ASSET price, is random in continuous time; the instantaneous return (defined as the change in the price

GIGABYTES (GB)

One billion bytes. Exponential: 2^30; As a number:1,073,741,824.

GLASS CEILING

The next stage or level of advancement barred by some invisible barrier. Although illegal, such practices exist in most countries. Age, ethnicity, political or religious affiliation, and/or sex are typical barriers. A

GLOBAL MARKETING

To reach international markets and their community, an entity engages a process of conceptualizing and conveying a final product or service worldwide. It is especially important to companies that provide products or

GLOBEX

Electronic trading platform for futures and option contracts that is the Chicago Mercantile Exchange. It is a virtually continuous worldwide market. It opens for trading Sunday evening, staying open roughly 23 hours

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