Qualifying Ratios
What is 'Qualifying Ratios' A set of ratios that are used by lenders to approve borrowers for a mortgage. The borrower's front-end ratio, which is the total housing expense compared to the borrower's gross monthly income, is compared to the borrower's back-end ratio, which comprises of the total housing expense and other consumer debt compared to the...
Gantt Chart
DefinitionA Gantt chart is a type of bar chart that illustrates a project schedule, named after their inventor, Henry Gantt, who designed such a chart around the years 1910–1915. Modern Gantt charts also show the dependency relationships between activities and current schedule status. Gantt Chart What is a 'Gantt Chart' A Gantt chart is a graphical depiction...
Gamma Pricing Model
What is 'Gamma Pricing Model' An equation for determining the fair market value of a European-style option when the price movement on the underlying asset does not resemble a normal distribution. The gamma pricing model is intended to price options where the underlying asset has a distribution that is either long-tailed or skewed, where dramatic market moves...
Gazelle Company
What is 'Gazelle Company' A high-growth company that is increasing its revenues by at least 20% annually for four years or more, starting from a revenue base of at least $1 million. This growth pace means that the company has effectively doubled its revenues over a four-year period. As gazelle companies are characterized by their rapid growth...
Garnishment
DefinitionGarnishment is an American legal process for collecting a monetary judgment on behalf of a plaintiff from a defendant. Garnishment allows the plaintiff to take the money or property of the debtor from the person or institution that holds that property. A similar legal mechanism called execution allows the seizure of money or property held directly by the debtor....
Generally Accepted Principles And Practices (GAPP)
What is 'Generally Accepted Principles And Practices - GAPP' Standardized business procedures related to the operation of sovereign wealth funds (SWFs). The generally accepted principles and practices (GAPP), agreed upon by 23 countries with SWFs in October 2008, state that SWFs will pursue financial, rather than political, agendas. What's more, SWFs abiding by the GAPP vow to...
Gas Exporting Countries Forum – GECF
DefinitionThe Gas Exporting Countries Forum is an intergovernmental organization of 16 member states that 11 of the world's leading natural gas producers made up of Algeria, Bahrain, Belarus, Bolivia, Brunei Darussalam, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago Turkmenistan, and Venezuela. GECF members together control over 70% of the world's natural gas reserves, 38% of...
General Obligation Bond (GO)
What is a 'General Obligation Bond - GO' A general obligation bond (GO) is a municipal bond backed by the credit and taxing power of the issuing jurisdiction rather than the revenue from a given project. General obligation bonds are issued with the belief that a municipality will be able to repay its debt obligation through taxation...
Gapping
What is 'Gapping' In general, a trading strategy in which the participant borrows short and lends long. This strategy gives the lender an overall better interest rate as short rates are generally lower than long rates. Also in technical analysis, gapping can refer to the use of a gap strategy which looks at stocks that display price gaps from previous...
General Partnership
DefinitionIn most countries, a general partnership is an association of persons or an unincorporated company with the following major features... General Partnership What is a 'General Partnership' A general partnership is an arrangement by which partners conducting a business jointly have unlimited liability, which means their personal assets are liable to the partnership's obligations. Explaining...