Going-Private Transactions Publicly owned stock in a firm is replaced with complete equity ownership by a private group. The shares are delisted from stock exchanges and can no longer be purchased in the open markets. … [Read more...]
Gold Exchange Standard
Gold Exchange Standard System agreed to under the Bretton Woods agreement for fixing exchange rates. The U.S. pegged or linked the value of the dollar to gold and other countries pegged their currencies to the U.S. dollar. … [Read more...]
Gold Standard
Gold Standard A worldwide monetary system which was in force between 1870 to 1914, where currencies were denoted in terms of gold content. Imbalances in payment between countries were settled in gold. … [Read more...]
Gold/Silver Ratio
Gold/Silver Ratio The ratio showing the number of ounces of silver that are required to purchase one ounce of gold which is taken as the fixed variable. Investors use this ratio to compare the values of silver and gold with respect to each other. … [Read more...]
Golden Parachute
Golden Parachute Payment made as compensation to top management by the target firm in event of a successful takeover. … [Read more...]
Good Delivery
Good Delivery Any delivery wherein all necessary paper, documents exist in proper order and stipulations are fully met. … [Read more...]
Good Delivery and Settlement Procedures
Good Delivery and Settlement Procedures PSA Uniform Practices stipulations with respect to aspects such as cutoff times on securities delivery and notification, proper endorsement, allocation. … [Read more...]
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...]