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

GATHERING IN THE STOPS

Forcing stock prices lower to encourage investor buying at that lower price. Occurs by investment brokers initiating stop orders.

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

GAZELLE COMPANY

A company with sales revenue growth of 20 percent or higher annually. Usually known for many new job opportunities. Typically, a small publicly traded companies sustaining this growth four years running, with

GDP GAP

A country’s potential gross domestic product versus its actual, realized gross measured over a specified time period. Actual GDP is perennially less than Potential GDP. This difference is stated as a measure

GDP PER CAPITA

A ratio of individual consumer spending over total population products and services consumption.

GEISHA

A PRIVATE PLACEMENT, denominated in a currency other than Japanese yen, which is issued by a Japanese company. See also DAIMYO, SAMURAI, SHIBOSAI, SHOGUN.

GEMOLOGY

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

GENDER

Defined difference between men and women based on culturally and socially constructed mores, politics, and affairs. Time and location give rise to a variety of local definitions. Contrasts to what is defined

GENDER RULE

An insurance rule. Determines which parent’s policy covers offspring. Typically, a father’s policy is primary, providing dependent children coverage before considering any other potential coverage.

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 ACCOUNT

Typically, an investment portfolio composed of safe, guaranteed investments. Used to invest the premium generated income.

GENERAL ADJUSTMENT BUREAU

A stand-alone company adjusting claims as well as training adjusters. Essentially an adjustment clearinghouse for many different insurers.

GENERAL AGENT

1. Has several principals as business or professional clients. 2. Authorized to act in a client’s or principal’s behalf in specific or all business dealings, like banking or legal. Also refer to

GENERAL AGGREGATE LIMIT

Commercial general liability limit legally imposed. Applies to personal injury, property damage, and bodily injury awards and several different types of damages.

GENERAL AGREEMENT ON TARIFFS AND TRADE (GATT)

An agency of the United Nations established in 1948 to promote international free trade. GATT was actively involved in coordinating issues related to multilateral quotas and tariffs, export restraints, and intellectual property

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 AND ADMINISTRATIVE LEVERAGE

A variable of potential lessening in overall administrative costs when analyzing outcome as companies combine following an acquisition. Typically, less cost is expected once the companies combine. Contrasts to costs of independently

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.