Gartley Pattern
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, and it can be applied to any market or time frame. The key elements of the Gartley Pattern are the...
Generic Securities
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 include government bonds, treasury bills, and treasury notes. They are important because they provide a safe and stable investment for...
Generally Accepted Accounting Principles (GAAP)
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 of authoritative standards (set by policy boards) and the commonly accepted ways of recording and reporting accounting information. GAAP improves...
Gary S. Becker
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, Becker was awarded the Nobel Memorial Prize in Economic Sciences in 1992 and received the United States Presidential Medal of...
Gearing
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 its operations are funded by lenders versus shareholders. The term "gearing" also refers to the ratio between a company’s stock...
Gap Insurance
DefinitionGuaranteed Auto Protection insurance was established in the North American financial industry. GAP insurance is the difference between the actual cash value of a vehicle and the balance still owed on the financing. GAP coverage is mainly used on new and used small vehicles and heavy trucks. Some financing companies and lease contracts require it. Gap Insurance What...
Gemology
DefinitionGemology or gemmology is the science dealing with natural and artificial gemstone materials. It is considered a geoscience and a branch of mineralogy. Some jewelers are academically trained gemologists and are qualified to identify and evaluate gems. Gemology What is 'Gemology' The combined art and science of studying, cutting, valuing, buying and selling precious stones. Some of...
General Equilibrium Theory
DefinitionIn economics, general equilibrium theory attempts to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting markets, by seeking to prove that the interaction of demand and supply will result in an overall general equilibrium. General equilibrium theory contrasts to the theory of partial equilibrium, which only analyzes single markets. General...
General Agreement On Tariffs And Trade (GATT)
DefinitionGeneral Agreement on Tariffs and Trade was a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. According to its preamble, its purpose was the "substantial reduction of tariffs and other trade barriers and the elimination of preferences, on a reciprocal and mutually advantageous...
Geographical Pricing
Definition Geographical pricing, in marketing, is the practice of modifying a basic list price based on the geographical location of the buyer. It is intended to reflect the costs of shipping to different locations. Geographical Pricing What is 'Geographical Pricing' Adjusting an item's sale price based on the buyer's location. Sometimes the difference in sale price is based on the cost to ship...