• Personal Finance Glossary
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    Stockbrokers
    Definition of Invoice
    Stockbrokers

    Invoice

    An "invoice" is a bill or list of charges for services rendered or products sold. For example, an accountant would issue an invoice setting forth the amount of time spent and the related charges for a client. The invoice acts as an itemized bill of sums owed.

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    GAAP
    "GAAP" or "Generally Accepted Accounting Principles" are the overall rules and procedures that... more
    Gain
    "Gain" is the increase in value of an investment or asset. It can be contrasted with loss, a... more
    Gambling Income
    "Gambling income" is money received as the result of playing games of chance or wagering on events,... more
    Gambling Loss
    "Gambling loss" is money lost as the result of playing games of chance or wagering on events, such... more
    Garnishment
    "Garnishment" refers generally to a legal process undertaken by a creditor to take a portion of a... more
    GDR
    A "global depositary receipt" or "GDR" is a financial instrument that is held in a bank in one... more
    General Ledger
    A "general ledger" is the accounting records of a business that set forth all of its financial... more
    General Obligation Bond
    A "general obligation bond" or "GO Bond" is a municipal bond (a debt investment) that is backed by... more
    General Partner
    A "general partner" is a member of a general or limited partnership and who has unlimited liability... more
    General Partnership
    A general partnership is a form of business entity in which all partners have unlimited liability... more
    General Power of Attorney
    A "general power of attorney" is a legal document that allows one party to act as an agent on... more
    Generally Accepted Accounting Principles
    "Generally Accepted Accounting Principles" or "GAAP" are the overall rules and procedures that... more
    Generation-Skipping Trust
    A "generation-skipping trust" is a form of legal trust that designates that a person's assets... more
    GIC
    A "GIC" or "guaranteed investment contract" is a debt instrument issued by an insurance company in... more
    Gift Tax
    A "gift tax" is a tax assessed on the gift giver of an asset or property. Federal law provides for... more
    Ginnie Mae - Government National Mortgage Association
    The Government National Mortgage Association (GNMA), also called "Ginnie Mae", is a U.S. government... more
    Global Bond
    A "global bond" is a bond issued by a company in one country and sold on the exchange in another... more
    Global Depositary Receipt
    A "global depositary receipt" or "GDR" is a financial instrument that is held in a bank in one... more
    Global Fund
    A "global fund" is a mutual fund that holds a portfolio of securities from around the world. Global... more
    GNMA
    The Government National Mortgage Association (GNMA), also called "Ginnie Mae", is a U.S. government... more
    GO Bond
    A "GO bond" or "general obligation bond" is a municipal bond (a debt instrument) that is backed by... more
    Going Private
    "Going private" refers to the act of a public company being bought by a group of private investors... more
    Going Public
    "Going public" or "IPO" refers to a private company first offering its shares to the... more
    Golden Parachute
    A "golden parachute" is a term used to describe a contract clause in a company executive's... more
    Government Obligations
    "Government obligations" are U.S. government-backed debt instruments, such as Treasury bonds,... more
    Grace Period
    "Grace period" typically refers to the time period specified in a loan agreement or credit card... more
    Grantor
    A "grantor" can be the person (individual or corporation) that makes a grant to another person. For... more
    Grantor Retained Annuity Trust
    A "grantor retained annuity trust" or "GRAT" is a trust with a set expiration date into which the... more
    Grantor Retained Income Trust
    A "Grantor Retained Income Trust" or "GRIT" is a trust where the grantor transfers property to a... more
    GRAT
    A "GRAT" or "grantor retained annuity trust" is a trust with a set expiration date into which the... more
    Greater Fool Theory
    The "greater fool theory" holds that a person can buy any investment, whether overpriced or not,... more
    Greenmail
    "Greenmail" is the practice of acquiring a large portion of the shares of a company and then... more
    Greenshoe Option
    A "greenshoe option," also called an over-allotment option, gives the underwriter (usually an... more
    GRIT
    A "Grantor Retained Income Trust" or "GRIT" is a trust where the grantor transfers property to a... more
    Gross Income
    "Gross income" typically refers to a person's taxable income received, including wages, tips,... more
    Gross Lease
    In a "gross lease," the owner of the property--the landlord--is responsible for most if not all... more
    Gross Margin
    "Gross margin" is the ratio of gross profit to net sales, expressed as a percentage. It is... more
    Gross Profit
    "Gross profit" is a company's net sales minus the cost of the goods sold. The revenue is... more
    Gross Profit Margin
    "Gross profit margin" is the ratio of a company's gross profit to its net sales. Gross profit... more
    Gross Sales
    "Gross sales" is the total value of sales before deducting discounts and returns. The figure... more
    Gross Spread
    The "gross spread" is the price at which a security is offered to the public minus the price at... more
    Ground Lease
    A "ground lease", also referred to as a land lease, is a lease agreement in which the lessee leases... more
    Growth Company
    A "growth company" is a company with cash flows or earnings that appreciate quickly relative to the... more
    Growth Fund
    A "growth fund" is a mutual fund that invests primarily in growth... more
    Growth Stock
    A growth stock is stock in a company with cash flows or earnings that appreciate (or are expected... more
    Guaranteed Investment Contracts
    A "guaranteed investment contract" or "GIC" is a debt instrument issued by an insurance company in... more
    Guardian
    A "guardian" is a person or institution with the legal responsibility to care for a minor or some... more
    Gun Jumping
    "Gun jumping" is the illegal practice of selling shares of stock or soliciting offers for shares... more
  • Question & Answers
    Questions & Answers

    How is a home's value determined?

    You have several ways to determine the value of...Read More

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  • Word of the Day
    Word of the Day

    Recruiter Agreement

    A "recruiter agreement" is a contract where a company hires an employment recruiting...

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