Business / Finance Glossary

Group Of Ten: The G-5 countries plus Canada and Italy.

Group Rotation: A group of the ten major industrialized countries whose mission is to create a more stable world economic trading environment through monetary and fiscal policies. The ten are Belgium, Canad . . . View Full Definition

Group Rotation Manager: The tendency of stocks in one sector of the market to outperform and then underperform other industries, usually as a result of economic cycles or the conditions in a particular industry.

Group Sales: A top-down manager who deduces the phases of the business cycle and allocates assets accordingly.

Group Universal Life Policy (GULP): Block sale (of large amounts) of securities to institutional investors.

Growing Equity Mortgage (GEM): Universal life insurance on a group basis. See: Group insurance.

Growing Perpetuity: Mortgage with a fixed interest rate and payments that increase throughout the term of the mortgage.

Growth And Income Fund: A constant stream of cash flows without end that is expected to rise indefinitely.

Growth Fund: A mutual fund that invests primarily in stocks with a history of capital gains (growth) and consistent dividend payments (income).

Growth Manager: A mutual fund that invests primarily in stocks with a history of and future potential for capital gains.

Growth Opportunity: A money manager who seeks to buy stocks that typically sell at relatively high P/E ratios due to high earnings growth, with the expectation of continued high or higher earnings growth.

Growth Phase: Opportunity to invest in profitable projects.

Growth Rates: A phase of development during which a company experiences rapid earnings growth as it produces new products and expands market share.

Growth Stock: Compound annual growth rate for the number of full fiscal years shown. If there is a negative or zero value for the first or last year, the growth is N.M. (not meaningful).

Guarantee: Common stock of a company that has an opportunity to invest money and earn more than the opportunity cost of capital.

Guarantee Letter: The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations.

Guaranteed Bond: A commercial bank's letter assuring payment of the exercise price of a client's put option.

Guaranteed Insurability: A type of bond for which a firm other than the issuer guarantees its interest and principal payments.

Guaranteed Insurance Contract: A life and health insurance policy feature that enables the insured to add coverage at future times and at fixed and agreed-upon rates regardless of health conditions.

Guaranteed Investment Contract (GIC): A contract promising a stated nominal interest rate over some specific time period, usually several years.

Guaranteed Mortgage Certificates (GMC): A pure investment product in which a life company agrees, for a single premium, to pay at a maturity date the principal amount of a predetermined annual crediting (interest) rate over the li . . . View Full Definition

Guaranteed Renewable Policy Insurance: First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac.

Guaranteed Replacement Cost Coverage Insurance: A type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes. No changes may be made to an individual policyholder unless the same c . . . View Full Definition

Guarantor Program: A policy that covers the full cost of replacing damaged property without any allowances or deductions, e.g., depreciation.

Gun Jumping: Under the Freddie Mac program, the aggregation by a single issuer (usually an S&L) for the purpose of forming a qualifying pool to be issued as PCs under the Freddie Mac guarantee.

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226