What is the gas guzzler tax and how does it work
The gas guzzler tax is a fee levied on vehicles that have poor fuel economy. The tax is calculated based on a vehicle's fuel economy rating, with higher-priced vehicles...
What is 'General Motors (GM) Indicator' An indicator based on the theory that the performance of U.S. automaker General Motors (GM) is a pre-cursor to the performance of the U.S. economy and stock market. The GM Indicator...
Generalized AutoRegressive Conditional Heteroskedasticity (GARCH) Process What is the 'Generalized AutoRegressive Conditional Heteroskedasticity (GARCH) Process ' The generalized autoregressive conditional heteroskedasticity (GARCH) process is an econometric term developed in 1982 by Robert F. Engle, an economist...
Definition
The Great Recession was a period of general economic decline observed in world markets during the late 2000s and early 2010s. The scale and timing of the recession varied from country to country. In terms of overall impact, the...
DefinitionIn most countries, a general partnership is an association of persons or an unincorporated company with the following major features... General Partner What is a 'General Partner' A general partner is an owner of a partnership who...
What is the Gartley Pattern
The Gartley Pattern is a Fibonacci-based price pattern discovered by H.M. Gartley in his 1935 book "Profits in the Stock Market." The Gartley Pattern is still used today as part of many different trading strategies,...
What are generic securities and why are they important
Generic securities are financial instruments that are not tied to a specific company or asset. Instead, they are backed by the full faith and credit of the issuing government. Generic securities...
What are 'Generally Accepted Accounting Principles - GAAP' Generally accepted accounting principles (GAAP) are a common set of accounting principles, standards and procedures that companies must follow when they compile their financial statements. GAAP is a combination...
DefinitionGary Stanley Becker was an American economist and empiricist. He was a professor of economics and sociology at the University of Chicago. Described as "the most important social scientist in the past 50 years" by The New York Times,...
What is 'Gearing' Gearing refers to the level of a company’s debt related to its equity capital, usually expressed in percentage form. It is a measure of a company’s financial leverage and shows the extent to which...