Tag: federal
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...
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...
Gas Guzzler Tax
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...
General Collateral Financing Trades (GCF)
What is 'General Collateral Financing Trades - GCF' A type of repurchase agreement which is executed without the designation of specific securities...
General Order (GO)
What is 'General Order - GO' A status given to imported goods that are missing the proper documentation or are not quickly...
Generation-Skipping Trust
What is a 'Generation-Skipping Trust' A generation-skipping trust is a type of legally binding trust agreement in which the contributed assets are...
Garn-St. Germain Depository Institutions Act
DefinitionThe Garn–St Germain Depository Institutions Act of 1982 is an Act of Congress that deregulated savings and loan associations and allowed banks to provide...
Generation-Skipping Transfer Tax (GSTT)
What is 'Generation-Skipping Transfer Tax - GSTT' A tax incurred when there is a transfer of property by gift or inheritance to...
Glass-Steagall Act
DefinitionThe Glass–Steagall legislation describes four provisions of the U.S.A Banking Act of 1933 separating commercial and investment banking. The article 1933 Banking Act describes...
General Business Tax Credit
What is 'General Business Tax Credit' The total value of all the individual credits to be applied against income on a tax...