Category: G

Definition A General Partnership is a business arrangement in which two or more individuals agree to share ownership, responsibility, and liability for the company’s operations

Definition The term “generation gap” in finance refers to the differences in financial perspectives, investment strategies, and economic outlooks between different age groups, generally between

Definition General Public Distribution refers to the process of selling and allocating shares of a company’s stock to a wide range of investors in the

Definition A Generation-Skipping Trust (GST) is a type of legal arrangement that allows wealth to be transferred to a later generation while bypassing the immediate

Definition General Provisions is a financial term referring to the funds set aside by a company to cover anticipated future losses, such as bad debts,

Definition Generally Accepted Principles and Practices (GAPP) refers to the common set of accounting guidelines, rules, and procedures that companies and financial organizations follow when

Definition Generally Accepted Auditing Standards (GAAS) refers to the guidelines and principles recognized by the accounting and auditing profession for conducting audits on an entity’s

Definition The General Business Tax Credit is a collection of tax credits available to businesses in the United States to encourage specific investments and practices.

Definition General Collateral Financing Trades (GCF) are a type of repurchase agreement (repo) transaction between financial institutions conducted through a clearinghouse. Participants use government securities

Definition A General Partner is a member of a partnership who holds managerial authority and takes on unlimited liability for the partnership’s debts and obligations.