Tag: economic
Gazump
DefinitionGazumping occurs when a seller accepts an oral offer on the property from one potential buyer, but then accepts a higher offer from someone...
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...
Great Recession
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...
General Motors (GM) Indicator
What is 'General Motors (GM) Indicator' An indicator based on the theory that the performance of U.S. automaker General Motors (GM) is...
General Examination
What is 'General Examination' A regulatory measure set up to give a detailed examination of all aspects of a bank. The examination...
Genuine Progress Indicator (GPI)
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...
General Order (GO)
What is 'General Order - GO' A status given to imported goods that are missing the proper documentation or are not quickly...
George A. Akerlof
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...
General And Administrative Leverage
What is 'General And Administrative Leverage' A variable within a cost benefit analysis of an acquisition where the potential reduction in overall...
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...