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Banking & Finance Vocabulary

G

46 terms

GBP

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

GDP Growth Rate

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

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

GDP,Gross Domestic Product

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

GIC Full Form,Guaranteed Investment Certificate

A Guaranteed Investment Certificate (GIC) is a low-risk investment product predominantly offered by financial institutions in Canada. It allows an investor to l

GST (Goods and Services Tax)

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

GST Rate

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

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

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

Gain

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

Gantt Chart

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

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

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

General Manager

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

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

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

Gig Economy

The gig economy refers to a labor market characterized by short-term contracts, freelance work, and flexible employment arrangements rather than traditional ful

Glass Cliff

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,

Global Fund

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

Global Innovation Index

The Global Innovation Index (GII) is a comprehensive ranking that assesses the innovative capabilities and performance of countries worldwide based on various i

Goldilocks Economy

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

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

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 and Policy

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

Grading Certificate

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

Granular Portfolio

A granular portfolio is an investment portfolio characterised by a large number of relatively small, independent holdings spread across various asset classes, s

Gray Market

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

Green economics refers to an economic framework that emphasizes sustainable development while ensuring a harmonious relationship between humans and the natural

Green Levy

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

Green marketing is the practice of promoting and selling products or services by emphasizing their environmental benefits and sustainable production methods. It

Green Tech

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

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

Grey Market

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 Narket Premium

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)

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)

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

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

Growth Fund

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

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

Guardian

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

Guerilla marketing is an unconventional advertising strategy that aims to promote products or services through surprising and memorable experiences. This approa

Guidance

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

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

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

gm, general manager

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)

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