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G20
The G-20 is an informal forum that promotes open and constructive discussion between industrial and emerging-market countries on key issues related to global economic stability. By contributing to the strengthening of the international financial architecture and providing opportunities for dialogue on national policies, international co-operation, and international financial institutions, the G-20
Economy Term
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G7
A group of seven industrialized nations including Canada, France, Germany, Italy, Japan, United Kingdom, and the United States.
Economy Term
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G8
The finance ministers and central bank governors of the group of eight countries consisting of Canada, France, Germany, Italy, Japan, Russia, U.S. and U.K.
Economy Term
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GAAP
Generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and the statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as may be approved by a significant segment of the accounting profession and that are appl
Financial Term
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GAAP Combined Ratio
The sum of the loss and LAE ratio, the underwriting expense ratio and, where applicable, the ratio of dividends to policyholders to net premiums earned. A combined ratio under 100% generally indicates an underwriting profit. A combined ratio over 100% generally indicates an underwriting loss.
Insurance Term
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GAFO Retail
GAFO represents sales at stores that sell merchandise normally sold in department stores. GAFO includes the following kinds of retail businesses: General merchandise stores. Clothing and clothing accessories stores. Furniture and home furnishings stores. Electronics and appliance stores. Sporting goods, hobby, book, and music stores. Office supplies, stationery, and gift stores.
Economy Term
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Gal
U.S. customary liquid gallon, measure of liquid capacity, legally defined as 231 cubic inches is equal to 3.78541 litres
Energy Term
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Galvanizing
The process of coating iron or steel with rust-resistant zinc. Iron & Steel Industry Operating Statistics
Manufacturing Term
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Gene
A gene is a unit of information that specifies the structure of one or more gene products. Collectively, genes determine the precise composition of all molecules needed for maintenance of the functions of life: reproduction, development, organization, growth and metabolism. Genes are often referred to as units of heredity because they pass on the information necessary for all characteristics of an
Health Care Term
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Gene Products
The products of genes are the thousands of different chemical structures, called molecules, needed for development of all cells. Most gene products are proteins. Most proteins are enzymes, molecules that can carry out work such as digesting and utilizing food for energy, signaling the cell to produce other gene products in response to changing conditions in the body, and controlling cell growth. W
Health Care Term
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Genomics
method of identifying target genes. The study, including sequencing, of molecules that carry an organisms genetic code (nucleic acids, DNA and RNA).
Health Care Term
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Genotype
the DNA gene sequence makeup that distinguishes one type of organism from another.
Health Care Term
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Ginnie Mae
Government National Mortgage Association.
Financial Term
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Gland
gland is an organ that produces hormones (Pineal gland, Thyroid gland, Testis....).
Health Care Term
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Glioblastoma Multiforme GBM
GBM is the most common and most aggressive type of primary human brain cancer. The name derives from the fact that the brain cell that loses growth control and becomes a brain cancer cell is a glial cell (glioblastoma); as the altered glial cells grow without restraint, they take on many different shapes (multiforme).
Health Care Term
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Gold
Most of the gold that is fabricated today goes into the manufacture of jewelry. However, because of its superior electrical conductivity and resistance to corrosion and other desirable combinations of physical and chemical properties, gold also emerged in the late 20th century as an essential industrial metal. Gold performs critical functions in computers, communications equipment, spacecraft, jet
Manufacturing Term
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Good Manufacturing Practice GMP
GMP regulations require that manufacturers, processors, and packagers of drugs, medical devices, some food, and blood take proactive steps to ensure that their products are safe, pure, and effective. GMP regulations require a quality approach to manufacturing, enabling companies to minimize or eliminate instances of contamination, mix-ups, and errors.
Health Care Term
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Goodwill
The premium paid for acquisition of a business. Calculated as the purchase price less the fair value of net assets acquired (net assets are identified tangible and intangible assets, less liabilities assumed).
Financial Term
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Goodwill Impairment
A goodwill impairment charge is a specific reduction of value in companys assets, that changes the value of its Goodwill and Intangible assets.
Financial Term
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Government consumption expenditures
Expenditures consisting of compensation of general government employees, consumption of fixed capital (CFC), and intermediate purchases of goods and services less sales to other sectors and own-account production of structures and software. It excludes current transactions of government enterprises, interest paid or received by government, and subsidies. Related terms: Government consumption expen
Economy Term
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Government enterprises
Government agencies that cover a substantial portion of their operating costs by selling goods and services to the public and that maintain their own separate accounts.
Economy Term
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Government gross investment
Expenditures consisting of government purchases of structures, equipment, and own-account production of structures and software. It includes investment expenditures by both general government agencies and government enterprises.
Economy Term
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Government Mortgage Loan
Unless defined otherwise in the Transactions Terms Letter, a first lien mortgage loan, other than a Nonperforming/Subperforming Mortgage Loan, that is (a) eligible for insurance by FHA and is so insured or is subject to a current binding and enforceable commitment for such insurance pursuant to the provisions of the National Housing Act, as amended, and is otherwise eligible for inclusion in a Gin
Financial Term
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Governmental Entity
means (a) any multinational, federal, provincial, state, regional, municipal, local or other government, governmental or public department, ministry, central bank, court, tribunal, arbitral body, commission, commissioner, board, bureau or agency, domestic or foreign, (b) any subdivision, agent or authority of any of the foregoing or (c) any quasi-governmental or private body, including any tribuna
Economy Term
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Grade Ore
The percentage of metal content in ore. Metal Mining Industry Operating Statistics
Manufacturing Term
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Graphite
is a soft, crystalline form of carbon. Other forms are diamond and fullerenes ("buckyballs"). It is gray to black, opaque, and has a metallic luster. It is flexible but not elastic. Graphite occurs naturally in metamorphic rocks such as marble, schist, and gneiss. It exhibits the properties of a metal and a nonmetal, which make it suitable for many industrial applications. The metallic properties
Manufacturing Term
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Greenfield
New development project on previously undeveloped land that is built from scratch.
Economy Term
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Greenhouse Gases
A number of gases, including carbon dioxide (CO2), methane and nitrous oxides, that trap heat in the atmosphere. Typically expressed as CO2 equivalents to account for the different warming potential of the different greenhouse gases. Direct GHG emissions are those generated onsite through the production or combustion of energy.
Energy Term
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Gross Calorific Value
The quantity of heat produced by the combustion of fuel at constant pressure and specific conditions, with the resulting water condensed to a liquid.
Energy Term
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Gross domestic income GDI
The costs incurred and the incomes earned in the production of gross domestic product (GDP).
Economy Term
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Gross domestic investment
The sum of gross private domestic fixed investment, the change in private inventories, and government gross investment.
Economy Term
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Gross domestic product GDP
What is the Gross Domestic Product (GDP) Gross Domestic Product (GDP) is the market value of goods and services produced by labor and property within one country, regardless of nationality. Gross Domestic Product (GDP) is the standard measurement of the Economic Activity within one country. If the U.S. Economy has advanced by 2.8 percent in a year, it means the U.S. Gross Domestic Product (GDP) ha
Economy Term
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Gross Margin
The measurement of profitability, gross margin represents proportion of gross profit (total sales less cost of goods sold) to total sales. Gross Margin Formula = (Gross Profit / Revenues) * 100
Fundamental Analysis
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Gross national product GNP
The market value of goods and services produced by labor and property supplied by residents, regardless of where they are located.
Economy Term
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Gross private domestic investment
Private fixed investment and change in private inventories. It is measured without a deduction for consumption of fixed capital (CFC), includes replacements and additions to the capital stock, and excludes investment by U.S. residents in other countries.
Economy Term
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Gross Profit Margin
The measurement of profitability, gross profit margin represents proportion of gross profit (total sales less cost of goods sold) to total sales. Gross Margin = (Gross Profit / Revenues) * 100
Fundamental Analysis
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Gross ton miles GTM
Gross ton-miles are calculated by multiplying the weight of loaded or empty freight cars by the number of miles hauled. Railroads Industry
Transportation Term
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Ground Up Analysis
A method to estimate ultimate claim costs for a given cohort of claims such as an accident year/product line component. It involves analyzing the exposure at an individual insured level and then through the use of deterministic or stochastic scenarios and/or simulations, estimating the ultimate losses for those insureds. The total losses for the cohort are then the sum of the losses for each indiv
Insurance Term
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Growth of Capital
is growth of the value of an instrument.
Financial Term
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Growth Rates
The percentage of change that a specific variable (Revenue, Net Income, EPS) has done within a specific period (Y/Y year on year; Seq sequential, from proceeding period; TTM trailing twelve months).
Fundamental Analysis
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GTMs Gross Ton Miles
The movement of total train weight over a distance of one mile. Total train weight is comprised of the weight of the freight cars, their contents and any inactive locomotives. An increase in GTMs indicates additional workload. Railroads Industry
Transportation Term
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Guarantee
A guarantee signed by a Guarantor, in a form acceptable to Buyer.
Financial Term
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Guaranteed Cost Products
An insurance policy where the premiums charged will not be adjusted for actual loss experience during the covered period.
Insurance Term
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Guaranteed Investment Contracts GICs
Deposit-type products that guarantee a minimum rate of return, which may be fixed or floating.
Financial Term
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Guaranty Fund
A state-regulated mechanism that is financed by assessing insurers doing business in those states. Should insolvencies occur, these funds are available to meet some or all of the insolvent insurers obligations to policyholders.
Insurance Term
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Gypsum
one of the most widely used minerals in the world, literally surrounds us every day. Most gypsum in the United States is used to make wallboard for homes, offices, and commercial buildings. Gypsum is used worldwide in concrete for highways, bridges, buildings, and many other structures that are part of our everyday life. Gypsum also is used extensively as a soil conditioner on large tracts of land
Manufacturing Term
Letter: G