Related Words

Good Funds: Cash, cashiers checks and personal checks that have cleared the bank.

Goodbye Message: An email message sent automatically to a list member who unsubscribes, acknowledging the request. Always include an option to resubscribe in case the unsubscribe was requested accidentally.

Good-This-Month Order (GTM): An order to buy or sell stock that is good until you execute or cancel it. Brokerages usually set a limit of 30-60 days, at which the G.T.C. order expires if not restated. (Different from a . . . View Full Definition

Good-Faith Estimate: A preliminary accounting of expected closing costs. The Real Estate Settlement Procedures Act (RESPA) requires the lender to promptly give loan applicants a good-faith estimate of closing costs.

Goodwill: An intangible, salable asset arising from the reputation of a business, the expectation of continued public patronage, including other intangible assets like trade name and going concern val . . . View Full Definition

Insufficient Funds: If you don’t have enough money available in your checking account to cover the checks you’ve written or electronic debits you’ve authorized, you have insufficient funds (ISF) or nonsufficien . . . View Full Definition

No Good: Unsuccessful. Often said of an unsuccessful field goal attempt.

Mutual Funds: Investment companies that pool money from shareholders and invest in a variety of securities, including stocks, bonds, and short-term money market assets.

Make-Good: A spot offered by a station in place of a regularly scheduled announcement that did not run or was improperly aired.

Good Will: When the term good will is used in connection with evaluating a company, it covers the intangible value of its reputation, its satisfied clients, and its productive work force. Those factors . . . View Full Definition