Good ’til Canceled

Good til Canceled Also termed "GTC". Refers to the order to buy or sell stock. A GTC order is valid until the issuer cancels it. Typically, a 30-60 day limit is set by brokerages before which the order must be restated. Otherwise, it expires at the end of this time. … [Read more...]

Good Faith Money

Good Faith Money A deposit into an account made by a buyer to demonstrate the intention of completing the deal. The amount may be a percentage of the actual amount owed on the deal. … [Read more...]

Goodwill

Goodwill Term used in purchase accounting system. The difference between purchase price and the fair market value determined for the net assets acquired. … [Read more...]

Government Bond

Government Bond Refer: Government securities. Considered zero risk investments. … [Read more...]

Government National Mortgage Association (Ginnie Mae)

Government National Mortgage Association (Ginnie Mae) A corporation that comes under the Department of Housing & Urban Development and is fully owned by the U.S. government. Ginnie Mae offers guarantees for the payment on time of principal plus interest for securities issued by a … [Read more...]

Government Purchases

Government Purchases Government expenditure made by all its divisions in the private sector. For example, a contract given to a private construction company by a government department to build a hospital or a bridge. … [Read more...]

Government Sponsored Enterprises

Government Sponsored Enterprises Entities with privately held ownership and public charter. For example, Student Loan Marketing Association, which was established with the aim of making borrowing easier and cheaper for homeowners, farmers and students. The Association was set up by … [Read more...]

Government Securities

Government Securities Securities that are negotiable, issued by U.S. Treasury. … [Read more...]

Graduated-Payment Mortgages (GPMs)

Graduated-Payment Mortgages (GPMs) A sequential payment loan wherein the installments paid by borrower are initially lower when compared with a peer group interest rate mortgage. The installments gradually increase over a specified number of years, usually, 3 to 7 years. Then they … [Read more...]

Graduated Security

Graduated Security Equity security whose listing has moved from one stock exchange to a different, generally more prestigious one. A tactic used to increase trading and gain better market exposure. … [Read more...]

Graham-Harvey Measure 1

Graham-Harvey Measure 1 Measure of performance propounded by Campbell Harvey and John Graham. The concept is based on the idea that a fund's portfolio must be leveraged to duplicate the S&P 500’s volatility. The performance measure is the difference between the S&P 500 return and … [Read more...]

Graham-Harvey Measure 2

Graham-Harvey Measure 2 Measure of performance propounded by Campbell Harvey and John Graham. Concept is based on leveraging the S&P 500 based portfolio to perfectly match the volatility that exists in the fund. The performance measure is the difference between the return achieved … [Read more...]

Grantor Trust

Grantor Trust A system of issuing Mortgage Backed Securities in which the collateral is in safe deposit in accordance with the provisions of a trust or custodial agreement and is held by a trustee. … [Read more...]

Gray List

Gray List Mostly encompasses firms linked to an investment bank by some means, for example in mergers and acquisitions matters. These stocks cannot be traded by the investment bank's risk arbitrage section. … [Read more...]

Gray Market

Gray Market Eurobonds transactions that take place before the price of the issue is established. … [Read more...]

Greenmail

Greenmail Circumstances arising when an unfriendly company acquires a large quantity of stock of a target company with intent to takeover, forcing the target company to immediately undertake repurchase of the stock at significant premiums. … [Read more...]

Greenshoe Option

Greenshoe Option The underwriter’s option in a new issue that lets him purchase and resell shares in addition to the initial amount. … [Read more...]

Gross Domestic Product (GDP)

Gross Domestic Product (GDP) Measure of total production in the economy. Formula: Market value of all goods and services manufactured in a given period + earnings of foreign corporations and residents based in U.S. - earnings of U.S. corporates and residents based out of the … [Read more...]

Gross Earnings

Gross Earnings -The total income earned by individuals annually, before tax deductions or adjustments are done. - In case of public companies, refers to the remaining initial profit from total revenues for a given time period, after cost of goods sold are adjusted. … [Read more...]

Gross Interest

Gross Interest Earned interest before taxes are accounted for. … [Read more...]