Gamma A change in option delta relative to a minor fluctuation in the asset price where the option is written on this asset. Represented as a ratio. … [Read more...]
Garmen-Kohlhagen Option Pricing Model
Garmen-Kohlhagen Option Pricing Model A popular model that is commonly used to price options in foreign currency. … [Read more...]
Gearing
Gearing Financial leverage. Using debt to enhance return on equity. … [Read more...]
GEMs (Growing-Equity Mortgages)
GEMs (Growing-Equity Mortgages) Mortgages wherein yearly increases in monthly installments are adjusted towards outstanding principal and this serves to reduce the remaining loan term. … [Read more...]
General Cash Offer
General Cash Offer Any public offering that is made to the general public. … [Read more...]
General Obligation Bonds
General Obligation Bonds Securities issued by Municipal bodies that are secured by the municipality’s pledge of full backing in terms of taxing power and credit. … [Read more...]
General Partner
General Partner Partner who agrees to undertake unlimited liability towards the obligations of the partnership entity. … [Read more...]
General Partnership
General Partnership Partnership consisting of only general partners, having unlimited liability. … [Read more...]
General Provisions
General Provisions Balance sheet entry representing funds earmarked by the business for payback of future anticipated losses. It is counted as an asset on the balance sheet as it represents funds which are not required at present as the losses have not occurred as yet. … [Read more...]
Generally Accepted Accounting Principals (GAAP)
Generally Accepted Accounting Principals (GAAP) Accounting terminology that encompasses the rules, concepts, procedures and conventions generally accepted as part of accounting practices during a given time period. … [Read more...]
Generic
Generic Denotes the experience and / or characteristics of the total group of a coupon of Mortgage Backed Security sector type; in contrast to another specific pool or group of collateral, for example, a specific issue of CMO (collateralized market obligation). … [Read more...]
Geographic Risk
Geographic Risk Risk arising when an issuer’s policies are concentrated in certain geographic areas. For example, risks arising from occurrences such as hurricanes or volcanic eruptions. … [Read more...]
Geometric Mean Return
Geometric Mean Return Also termed time weighted rate of return. Evaluates the compounded growth rate of initial market value of portfolio during the period under consideration. The calculation is based on the assumption that all cash distributions are invested again in the … [Read more...]
Gestation Repo
Gestation Repo Agreement for reverse repurchase between securities dealers and mortgage firms wherein the firm sells MBSs that are federal agency-guaranteed and repurchases them simultaneously at a fixed price at a future date. … [Read more...]
Gift Tax
Gift Tax Federal tax applicable on anything of value gifted to another person by the taxpayer. Items are considered gifts if the receiver pays an amount less than full value of the item or does not pay at all. The giver is required to pay the tax. … [Read more...]
Ginnie Mae
Ginnie Mae Refer: Government National Mortgage Association. … [Read more...]
Glass-Steagall Act
Glass-Steagall Act Act passed in 1933 whereby Congress forbade commercial banks from having ownership or underwriting or dealing in corporate bonds and stocks. … [Read more...]
Glide Path
Glide Path Formula used with target date funds that defines the asset allocation mix. Used to create an asset mix that grows more conservative as it nears target date. … [Read more...]
Global Bonds
Global Bonds Bonds designed to qualify for trading immediately in the Euromarket and in domestic capital markets everywhere. … [Read more...]




