Letter G Vocabulary Flashcards
A notable price difference between consecutive trading sessions, usually seen on a chart.
Gap
The account where a life insurance company holds its reserve funds, separate from policyholders’ investments.
General Account
A comprehensive record of all the financial transactions of a company.
General Ledger
A municipal bond backed by the credit and taxing power of the issuing jurisdiction.
General Obligation Bond
High-grade bonds issued by a government or top-rated corporations.
Gilt-Edged Bond
The process of a company’s first sale of stock to the public, known as an Initial Public Offering (IPO).
Going Public
An exchange-traded fund that invests in gold and tracks the gold market price.
Gold ETF
The required condition and documentation for a security or commodity delivery to be accepted for a transaction.
Good Delivery
An order instruction that remains active until it’s either filled or canceled by the investor.
Good ‘Til Canceled (GTC)
A debt instrument issued by a government to raise funds.
Government Security
An arrangement allowing underwriters to buy additional shares at the IPO price to stabilize the price.
Green Shoe Option
Trading of a security, product, or service before its official release or outside of an official exchange.
Grey Market
The total market value of all final goods and services produced within a country in a given time period.
Gross Domestic Product (GDP)
The total revenue a person or business receives before any deductions or taxes.
Gross Income
The difference between sales revenue and the cost of goods sold, often expressed as a percentage.
Gross Margin
The profit a company makes after subtracting the cost of producing its products but before deducting operating expenses.
Gross Profit
A mutual fund that invests in companies expected to grow at an above-average rate compared to other stocks.
Growth Fund
The rate at which a company, economy, or investment is increasing in size or value.
Growth Rate
A share in a company whose earnings are expected to grow at an above-average rate.
Growth Stock
An insurance contract that promises to return principal and a fixed or floating interest rate over its term.
Guaranteed Investment Contract (GIC)
An entity that guarantees the fulfillment of another’s obligations in case of default.
Guarantor
