The role of this glossary is to present brief definitions of most of the key concepts in economics and finance (in total 1064 names-definitions) as well as security markets (financial, capital, money) with aim the reader to be able to understand and become familiar with the terminology in the analyses that will present in the category economics.
Additionally, we hope that the reader by acquiring intimacy with the economic terminology, he will also love the science/art of economics, giving to it a significant part of his personal time.
In the following glossary we tried to include the most well-known definitions and terms in the field of Economics & Finance. If you still find that a term or definition is missing and you know that it can be included in this glossary, please do not hesitate to contact us via the contact form of our web-site (Contact Us) and the Liberal Globe will edit it and will include it.
Glossary Economics & Finance
There are currently 18 names in this directory beginning with the letter G.
Gap analysisis called an analysis which measures the sensitivity of bank profits to variations in interest rates: it is estimated by subtracting the amount of interest rate-sensitive liabilities from interest rate-sensitive assets.
General Accepted Accounting Principles (GAAP)are called the accounting rules which have been established by recognized authorities, like the Financial Accounting Standards Board (FASB).
General equilibriumis the name of a description of an economy that considers all markets and their effect on each other rather than a single market in isolation.
General obligation bondis a municipal bond that has as a backup the full faith and credit of the issuing agency.
Ghost series generatoris called an algorithm which is based on the one-factor model and it is used to generate proxy data for market indices by using short period historic-data of less than five years. These proxy data that are created by the Ghost Series Generator preserves the mean, the volatility and the covariance structure of the instrument's existing data.
GNP or GDP deflatoris named the ration of nominal to real GNP or GDP (i.e. nominal GNP/GDP) which itrs rate of increase is used frequently as a measure of inflation.
Gold exchange standardis called the system that established at Bretton Woods conference in 1944 whereby gold was the fundamental standard of value, but all currencies the gold parity was mediated by the dollar.
Gold standardis called the system whereby a country defines its monetary unit in terms of gold.
Golden ruleis called that proposal whereby the per capita consumption is taken full advantage in a growing economy. That happens at the point where the marginal product of capital equates the growth rate.
Goodness of fit is called the magnitude of R2.
Government budget constraintis named the constraint that applies in the governmental budget so that the government budget deficit to be equal with the sum of the change in the monetary base and the change in government bonds held by the public.
Government spendingis the spending by all levels of government on goods and services.
Greenmailis named the proposition that makes the management of a corporation which is the target of a hostile takeover with aim to repurchase its stocks from the hostile bidder at an above-market price.
Gross Domestic Product (GDP)is called a location-based measure of a country's productive activity, which matches to the value added generated by factors of production, both local and foreign-owned, within a country.
Gross National Product (GNP)is the value of all final goods and services produced in the economy during the year.
Groupis called a collection of financial assets that have common distinguishing financial characteristics in a given frame of a specific asset class.
Group selectionis called a component of the security selection process involving the identification of desirable combinations of groups within an asset class.
Guaranteed bondis called that bond which is issued by one corporation but backed by another corporation
