- The ratio of the change in a call option's delta to the change in price of
- General obligation bond
- A debt instrument of a municipality which is secured by the
issuer's unlimited taxing power.
- Generally accepted accounting principles (GAAP)
- Standard accounting procedures
promulgated by the Financial Accounting Standards Board (FASB) and its
- Geographic risk
- Risk that arises when an insurer has policies concentrated within
certain geographic areas, such as the risk of damage from a hurricane or an
- Give up
- An order executed by one brokerage house, but cleared by another house
at the request of the customer.
- GTC (Good till canceled)
- An order to buy or sell at a fixed price. It holds until
executed or canceled.
- Gordon-Shapiro model
- Related: Constant-growth model
- Government-sponsored enterprises
- Privately owned, publicly chartered entities (such
as the Student Loan Marketing Association) created by Congress to reduce the cost of
capital for certain borrowing sectors of the economy including farmers, homeowners,
- Gross profit margin
- The ratio of gross profit to net sales.
- Group rotation manager
- A top-down manager who infers the phases of the business
cycle and allocates assets accordingly.
- Growth manager
- A money manager who seeks to buy stocks that are typically
selling at relatively high P/E ratios due to high earnings growth, with the expectation of
continued high (or higher) earnings growth.
- Growth phase
- A phase of development in which a company experiences rapid
earnings growth as it produces new products and expands market share. Related: Three-phase
- Guaranteed investment contract (GIC)
- A pure investment product in which a life
company agrees, for a single premium, to pay the principal amount and a
predetermined annual crediting rate over the life of the investment, all of which is paid
at the maturity date.
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