Business — page 15 of 36

3,514 terms including subtopics (0 terms filed directly here)

Subtopics

Banking 402 terms
Economics 307 terms
Finance 2,132 terms
H-1B Visa 111 terms
Real Estate 1,104 terms
Small Business 28 terms

Business terms

Good will When the term good will is used in connection with evaluating a company, it covers the intangible value of its reputation, its satisfied clients, and its…
Gothic Sash A window sash pattern composed of mullions that cross to form pointed arches.
Government bond The term government bond is used to describe the debt securities issued by the federal government, such as US Treasury bills, notes, and bonds.
Government consumption expenditures Expenditures consisting of compensation of general government employees, consumption of fixed capital (CFC), and intermediate purchases of goods and…
Government consumption expenditures and gross investment The value of services produced by government, measured as the purchases made by government on inputs of labor, intermediate goods and services, and…
Government current expenditures Expenditures consisting of government consumption expenditures, current transfer payments, interest payments, and subsidies.
Government current receipts Receipts consisting of current tax receipts, contributions for government social insurance, income receipts on assets, current transfer receipts from…
Government enterprise See Government enterprises
Government enterprises Government agencies that cover a substantial portion of their operating costs by selling goods and services to the public and that maintain their own…
Government gross investment Expenditures consisting of government purchases of structures, equipment, and own-account production of structures and software.
Government Mortgage A mortgage loan that is insured or guaranteed by a federal government entity such as the Federal Housing Administration (FHA) or guaranteed by the U. S.
Government National Mortgage Association (Ginnie Mae) (Ginnie Mae) The Government National Mortgage Association, known as Ginnie Mae, guarantees mortgage-backed securities issued by approved private institutions and…
Government National Mortgage Association (GNMA or Ginnie Mae) A government organization that participates in the secondary market, securitizing pools of FHA, VA, and RHS loans.
Government social benefits Includes benefits from government social insurance funds and from certain other programs.
Government-Sponsored Enterprise (GSE) (GSE) Business organizations chartered and sponsored by the federal government, which include Fannie Mae, Freddie Mac, and the FHLBanks.
Government-Sponsored Enterprise (GSEs) (GSEs) Private corporations created by the U.S. Government to reduce borrowing costs. They are chartered by the U.S.
Grace Period A time period after the due date that you may pay a premium without penalty. The policy remains in force during this time.
Graduated payment mortgage (GPM) A fixed-interest loan with lower payments in the early years than in the later years.
Graduated Payment Mortgages Mortgages that begin with lower monthly payments that get slowly larger over a period of years, eventually reaching a fixed level and remaining there for…
Grandfathering An exemption based on circumstances previously existing. Under the NFIP, buildings located in Emergency Program communities and Pre-Flood Insurance Rate…
Grantee An individual to whom an interest in real property is conveyed.
Grantor The person conveying real property by a trust deed as security for the performance of an obligation.
Green fund A mutual fund that selects investments based on a commitment to environmental principles may be described as a green fund.
Green shoe clause A green shoe clause allows the group of investment banks that underwrite an initial public offering (IPO) to buy and offer for sale 15% more shares at the…
Grille A decorative, openwork grating, usually of iron, used to protect a window, door, or other opening.
Gross Annual Income The income reported is the total gross annual income an institution relied upon in making the credit decision.
Gross domestic income See Gross domestic income (GDI)
Gross domestic income (GDI) The costs incurred and the incomes earned in the production of gross domestic product (GDP).
Gross domestic investment The sum of gross private domestic fixed investment, the change in private inventories, and government gross investment.
Gross domestic product See Gross domestic product (GDP)
Gross domestic product (GDP) The market value of goods and services produced by labor and property in the United States, regardless of nationality; GDP replaced gross national product…
Gross domestic product (GDP) by state A measurement of a state's output; it is the sum of value added from all industries in the state.
Gross domestic product (GDP) price index Measures the prices paid for goods and services produced by the U.S. economy and is derived from the prices of personal consumption expenditures (PCE)…
Gross domestic product (GDP)-by-industry accounts A set of accounts that present the contribution of each private industry and government to the Nation's gross domestic product (GDP).
Gross domestic product price index See Gross domestic product (GDP) price index
Gross domestic product-by-industry accounts See Gross domestic product (GDP)-by-industry accounts
Gross domestic purchases The market value of goods and services purchased by U.S. residents, regardless of where those goods and services were produced.
Gross domestic purchases price index Measures the prices paid for goods and services purchased by U.S. residents. This index is derived from the prices of personal consumption expenditures…
Gross Income Money, goods, services, and property a person receives that must be reported on a tax return. Includes unemployment compensation and certain scholarships.
Gross investment The sum of gross private domestic investment, government gross investment, and balance on current account, national income and product acounts.
Gross margin Gross margin, sometimes called gross profit, is the percentage by which profits exceed production costs.
Gross Monthly Income The income you earn in a month before taxes and other deductions. It may also include rental income, self-employed income, income from alimony, child…
Gross national product See Gross national product (GNP)
Gross national product (GNP) The market value of goods and services produced by labor and property supplied by U.S. residents, regardless of where they are located.
Gross operating surplus Value derived as a residual for most industries after subtracting total intermediate inputs, compensation of employees, and taxes on production and…
Gross output Consists of sales, or receipts, and other operating income, plus commodity taxes and changes in inventories.
Gross private domestic investment Private fixed investment and change in private inventories. It is measured without a deduction for consumption of fixed capital (CFC), includes…
Gross spread In an initial public offering (IPO), the gross spread is the difference between what the underwriters pay the issuing company per share and the per share…
Gross state product See Gross domestic product (GDP) by state
Ground Rent Payment for the use of land when title to a property is held as a leasehold estate (that is, the borrower does not actually own the property, but has a…
Group Flood Insurance Policy (GFIP) (GFIP) Issued by the NFIP Direct Program in response to a presidential disaster declaration.
Group of companies Several insurance companies under common ownership and often common management.
Growing-Equity Mortgage (GEM) A fixed-rate mortgage in which the monthly payments increase according to an agreed-upon schedule, with the extra funds applied to reduce the loan balance…
Growth Growth is an increase in the value of an investment over time. Unlike investments that produce income, those that are designed for growth don't…
Growth and income fund Growth and income mutual funds invest in securities that provide, as their name suggests, a combination of growth and income.
growth fund A growth fund is a type of mutual fund that usually focuses on the purchase of equities likely to have superior growth potential.
Growth rate A growth rate measures the percentage increase in the value of a variety of markets, companies, or operations.
GSE Abbreviation for government sponsored enterprisesa collection of financial services corporations formed by the United States Congress to reduce interest…
Guarantee A pledge to investors that the issuing company will bear the default risk on the collateral pool of loans, thereby ensuring the timely payment of…
Guaranteed Insurability An option that permits the policyholder to buy additional stated amounts of life insurance at stated times in the future without evidence of insurability.
guaranteed investment certificates A deposit instrument paying a predetermined rate of interest for a specified term. Available from banks, trust companies and other financial institutions.
Guaranteed Investment Contract (GIC) A guaranteed investment contract, or GIC (pronounced gick), promises to preserve your principal and to provide a fixed rate of return when you begin to…
Guaranteed renewable policy Your insurance company can't cancel a guaranteed renewable life insurance policy as long as you pay the premium on time.
Guaranteed Replacement Cost Coverage Endorsement that lets you replace your home without subtracting for depreciation, even if it costs more than the policy limit.
Guaranteed Student Loan An extension of credit from a financial institution that is guaranteed by a Federal or State government entity to assist with tuition and other…
Guarantor A party who agrees to be responsible for the payment of another party's debts should that party default.
Guaranty Fee Payment to FannieMae from a lender for the assurance of timely principal and interest payments to MBS (Mortgage Backed Security) security holders.
Guardian A guardian is someone you designate to be legally responsible for your minor children or other dependents who are unable to take care of themselves if you…
Gutter A shallow channel of metal or wood set immediately below and along the eaves of a building to catch and carry off rainwater.
H-1B cap H-1B cap is the number of new H-1B visas that are issued in a fiscal year. The visas are counted as one H-1B visa per person.
H-1B dependent employer H-1B dependent employer has: 25 or fewer full-time employees and at least eight H-1B workers; or 26-50 full-time employees and at least 13 H-1B workers…
H-1B worker H-1B worker is a temporary, nonimmigrant in a specialty occupation (professional or fashion model of high distinction) given status to work for an…
H-1B1 worker H-1B1 worker is a temporary, nonimmigrant of Chile or Singapore in a specialty occupation given status to work for an employer by USCIS via Form I-797…
HAFA Short Sale when the homeowner sells the property for less than the full amount due on the mortgage.
Haircut A haircut, in the financial industry, is a percentage discount that's applied informally to the market value of a stock or the face value of a bond in an…
Hard assets Hard assets are the tangible property of a company or partnership, such as the buildings, furniture, real estate, and other equipment it owns.
Hardship withdrawal A hardship withdrawal, also known as a hardship distribution, occurs when you take money out of your 401(k) or other qualified retirement savings plan to…
Hawaii Capital Loan Program (HCLP) Authorized by state law, this loan program is administered by the State Department of Business, Economic Development & Tourism to assist small businesses…
Hazard Insurance insurance that is generally required under mortgage contracts to pay for loss or damage to a person’s home or property.
Hazard Insurance/Homeowners Insurance Insurance coverage that provides compensation to the insured in case of property loss or damage.
Hazard Ranking System (HRS) (HRS) The Hazard Ranking System (HRS) is the principal mechanism EPA uses to place waste sites on the NPL.
Hazardous Substance Research Centers ((HSRC)): Hazardous Substance Research Centers (HSRC) are a set of national organizations that carry out an active program of basic and applied research…
Head The upper horizontal part of a window frame or window opening.
Head of household Head of household is an IRS filing status that you can use if you are unmarried or considered unmarried on the last day of a tax year and provide at least…
Head of Household filing status You must meet the following requirements: 1. You are unmarried or considered unmarried on the last day of the year. 2.
Header A masonry wall unit of brick which is laid so that its short end is exposed.
Health Insurance Health insurance covers some or all of the cost of treating an insured person's illnesses or injuries.
Health Savings Account (HSA) (HSA) A health savings account is designed to accumulate tax-free assets to pay current and future healthcare expenses.
HECM (Reverse Mortgage) The reverse mortgage is used by senior homeowners age 62 and older to convert the equity in their home into monthly streams of income and/or a line of…
Hedge fund Hedge funds are private investment partnerships open to institutions and wealthy individual investors.
Hedger Hedgers in the futures market try to offset potential price changes in the spot market by buying or selling a futures contract.
Hedging Hedging is an investment technique designed to offset a potential loss on one investment by purchasing a second investment that you expect to perform in…
HELP Homebuyer Education Learning Program; an educational program from the FHA that counsels people about the home buying process; HELP covers topics like…
High Deductible Health Plan (HDHP) (HDHP) A high deductible health plan (HDHP) requires substantially higher than average out-of-pocket expenses before the insurance company will start paying for…
High net worth individual Any individual whose net worth is greater than $2 million immediately before the transaction.
High-yield bond High-yield bonds are bonds whose ratings from independent rating services are below investment grade.
Highly compensated employees Highly compensated employees are people whose on-the-job earnings are higher than the level the government has established to differentiate this category…
Historic Appearance The visual appearance of a structure or site at a specific point in time after it has undergone alterations or additions which enhance or contribute to…
Historic Fabric A building's original or significant historic façade construction material or ornament, or fragments thereof.
Historic structure A building that is officially recognized for its historic significance and has special status under the 1976 Tax Reform Act which encourages…