Banking & Finance Vocabulary
G
46 terms
GBP is the ISO 4217 currency code for British pound sterling, the official currency of the United Kingdom and several British territories and Crown Dependencies
The GDP Growth Rate measures the percentage change in a country's Gross Domestic Product (GDP) over a specific period, typically a quarter or a year. It serves
GDP per capita is a country's total economic output (GDP) divided by its population, expressed as the average income or output per person. It measures how much
Gross Domestic Product (GDP) is the total monetary value of all final goods and services produced within a country in a given time period. It serves as a critic
A Guaranteed Investment Certificate (GIC) is a low-risk investment product predominantly offered by financial institutions in Canada. It allows an investor to l
The Goods and Services Tax (GST) is an indirect, multi-stage, destination-based tax levied on the supply of goods and services across India. Implemented on July
A GST rate is the percentage of tax that a registered business must collect and remit on the supply of goods and services under India's Goods and Services Tax s
GST refunds refer to the sum of money returned to taxpayers when they overpay Goods and Services Tax (GST) or when they meet certain criteria under the GST fram
GST Returns are periodic statements that registered taxpayers under the Goods and Services Tax (GST) regime in India must file with the tax authorities. These r
A gain represents a positive financial return or an increase in the value of an asset when its current market price exceeds its original purchase price. This ap
A Gantt chart is a visual project management tool that displays a project's schedule and progress in a clear, easy-to-understand format. Developed by Henry Gant
Gap analysis is a strategic tool used by organisations to identify the disparity between their current performance or state and their desired future state or ta
Gearing is a financial metric that assesses the proportion of a company's operations financed by debt compared to equity. It indicates a company's financial lev
A General Manager (GM) is a senior executive responsible for overseeing all operational aspects of a company or a significant business division, including reven
Gentrification refers to the transformation of a neighborhood from a lower-value to a higher-value area, often resulting in increased property values and an inf
Gift tax in India is a levy on the income value of gifts received by an individual, assessed under the Income Tax Act when the gift exceeds a specified monetary
The gig economy refers to a labor market characterized by short-term contracts, freelance work, and flexible employment arrangements rather than traditional ful
The Glass Cliff is a phenomenon where women or members of minority groups are appointed to leadership positions, particularly in senior management or on boards,
A global fund is a mutual fund or investment scheme that purchases securities listed on stock exchanges across multiple countries, including the investor's home
The Global Innovation Index (GII) is a comprehensive ranking that assesses the innovative capabilities and performance of countries worldwide based on various i
A Goldilocks economy is an economic state where growth is steady, inflation is controlled, unemployment is low, and interest rates remain moderate—avoiding both
Good Through is a type of limit order used in trading to buy or sell a security at a specified price for a predetermined duration. This order remains active unt
Goodwill is an intangible asset that arises when one company acquires another for a purchase price exceeding the fair value of the acquired company's net identi
Government is the system of institutions and people that exercise authority over a defined territory or group, making and enforcing rules that shape economic, s
A grading certificate is an official document that validates the quality and characteristics of a commodity as assessed by an accredited inspector or grading pa
A granular portfolio is an investment portfolio characterised by a large number of relatively small, independent holdings spread across various asset classes, s
A gray market is an unofficial, over-the-counter trading venue where securities or goods are bought and sold outside formally regulated exchanges, typically bef
Green economics refers to an economic framework that emphasizes sustainable development while ensuring a harmonious relationship between humans and the natural
A green levy is a government-imposed charge or tax on activities, products, or services that are deemed environmentally harmful. Its primary purpose is to inter
Green marketing is the practice of promoting and selling products or services by emphasizing their environmental benefits and sustainable production methods. It
Green Tech, short for green technology, refers to innovative solutions and practices that are designed to reduce the negative impact on the environment while pr
Greenmail is a corporate finance tactic where a company repurchases its own shares from an unwelcome suitor at a significant premium to deter a hostile takeover
The grey market is an unofficial, over-the-counter market where financial securities—primarily shares and IPO applications—are traded before they receive regula
Grey Market Premium (GMP) refers to the difference between the expected listing price of an Initial Public Offering (IPO) and its current trading price in the u
Gross Domestic Product (GDP) is the total monetary value of all final goods and services produced within a country's geographical borders over a specific period
Gross National Product (GNP) is the total monetary value of all final goods and services produced by a country's citizens in a given financial year, regardless
Gross Working Capital refers to the total value of all current assets held by a company, which are assets expected to be converted into cash or consumed within
A growth fund is a mutual fund scheme that invests predominantly in stocks of companies expected to deliver above-average earnings and revenue growth, with the
Growth rates refer to the percentage change in a specific variable over a defined period, typically a year. This metric is widely used in finance and economics
A guardian is a person appointed by a court or named in a will to make legal, financial, and personal decisions on behalf of a minor or an adult who cannot mana
Guerilla marketing is an unconventional advertising strategy that aims to promote products or services through surprising and memorable experiences. This approa
Guidance, also known as earnings guidance or forward-looking statements, refers to the official projections and expectations that a company's management provide
Game theory is a mathematical framework for analyzing strategic decisions where the outcome for each participant depends not only on their own choices but also
GDP deflator is a key economic metric that measures the level of prices for all new, domestically produced final goods and services in an economy. It represents
A General Manager (GM) is a senior executive responsible for overseeing the overall operations, financial performance, and strategic direction of a specific bus
Gross Value Added (GVA) is a measure of economic productivity that represents the value generated by a company, industry, or sector after deducting the costs of