What is 'General And Administrative Leverage' A variable within a cost benefit analysis of an acquisition where the potential reduction in overall general and administrative expenses of the combined company are considered. Through synergies and cost-saving programs,...
Who is George Akerlof
George A. Akerlof is an American economist who won the 2001 Nobel Memorial Prize in Economic Sciences. He is a University Professor at Georgetown University and a Distinguished Fellow of the Brookings Institution. Akerlof was born...
What is a 'Generation-Skipping Trust' A generation-skipping trust is a type of legally binding trust agreement in which the contributed assets are passed down to the grantor's grandchildren, not the grantor's children. The generation to which the...
What is 'General Order - GO' A status given to imported goods that are missing the proper documentation or are not quickly cleared through customs. Merchandise may be held under general order if the proper duties or...
What is Garage Liability Insurance and why do you need it
Garage liability insurance is a type of insurance specifically for businesses that offer automotive services. This includes auto repair shops, car dealerships, and gas stations. If you own or...
DefinitionGeneric brands of consumer products are distinguished by the absence of a brand name. It is often inaccurate to describe these products as "lacking a brand name", as they usually are branded, although with either the brand of the...
What is the Genuine Progress Indicator (GPI)?
The Genuine Progress Indicator (GPI) is a metric that was developed in the 1990s as an alternative to GDP. While GDP measures the value of all goods and services produced within a country,...
What is 'General Examination' A regulatory measure set up to give a detailed examination of all aspects of a bank. The examination is conducted by the governing body of different levels of banks. For example, the state...
What is 'Gann Fans' A form of technical analysis based on the ideas that the market is geometric and cyclical in nature. A Gann fan consists of a series of diagonal lines called Gann angles, of which...
DefinitionGenerational accounting is a method of measuring the fiscal burdens facing today's and tomorrow's children. Laurence Kotlikoff's individual and co-authored work on the relativity of fiscal language demonstrates that conventional fiscal measures, including the government's deficit, are not well...