Game Theory is a mathematical framework for analyzing strategic interactions among rational decision-makers. It provides tools for understanding how individuals or groups make decisions when their outcomes depend not only on their own actions but also on the actions of…

Gap Analysis Gap Analysis is a strategic planning tool used to identify the difference between the current state of a business or project and its desired future state. It involves assessing performance, capabilities, or processes to determine areas that need…

Gen X refers to the generation born approximately between 1965 and 1980, following the Baby Boomers and preceding the Millennials. This cohort is characterized by their experiences during significant socio-economic changes, including the rise of technology, the shift towards dual-income…

Gen Z refers to the generation born approximately between the mid-to-late 1990s and the early 2010s. This cohort follows the Millennials and is characterized by its comfort with technology, particularly the internet and social media, as they have grown up…

The Gender Pay Gap refers to the average difference in earnings between women and men in the workforce, typically expressed as a percentage of men's earnings. This gap can be influenced by various factors, including occupational segregation, differences in work…

A General Ledger (GL) is a comprehensive record-keeping system used in accounting to track all financial transactions of a business. It serves as the main accounting record, containing all account information needed to prepare financial statements and manage financial performance.The…

General Obligation Bonds are municipal bonds issued by states, cities, or other governmental entities that are backed by the full faith and credit of the issuing authority. This means they are secured by the issuer's ability to levy taxes and…

Generally Accepted Accounting Principles (GAAP) are a set of rules and standards used in the United States to ensure the consistency, transparency, and comparability of financial reporting. GAAP encompasses a broad range of accounting principles, standards, and procedures that companies…

Generational wealth refers to assets passed down from one generation to another, providing financial stability and opportunities for descendants. This wealth can include cash, real estate, investments, and business ownership. Examples of generational wealth include: Real Estate: A family-owned property…

Generative AI refers to a class of artificial intelligence algorithms that can generate new content, data, or information based on the input they receive. These systems are designed to learn from existing data and produce outputs that mimic or innovate…

Gift Tax The Gift Tax is a federal tax applied to an individual giving anything of value to another person without receiving something of equal value in return. The giver is generally responsible for paying the tax. The tax is…

Globalization refers to the process by which businesses, cultures, and economies become interconnected and interdependent on a global scale. This phenomenon is driven by advancements in technology, communication, and transportation, facilitating the exchange of goods, services, information, and ideas across…

Going Concern Assumption: The going concern assumption is an accounting principle that assumes a company will continue its operations into the foreseeable future and not liquidate or significantly curtail its activities. This assumption is essential for preparing financial statements, as…

A Gold IRA (Individual Retirement Account) is a type of self-directed retirement account that allows investors to hold physical gold and other precious metals as part of their retirement portfolio. Unlike traditional IRAs, which typically hold stocks, bonds, or mutual…

A "Golden Cross" is a bullish technical indicator that occurs when a shorter-term moving average crosses above a longer-term moving average. This pattern is often used by traders to signal potential upward momentum in an asset's price. Typically, the 50-day…

Golden Parachute: A golden parachute is a financial agreement between a company and its top executives that provides significant benefits if they are terminated, especially due to a merger or acquisition. These benefits typically include large severance packages, stock options,…

Google Bard is an AI-powered conversational agent developed by Google. It utilizes advanced natural language processing to generate human-like text responses in real-time. Bard is designed to assist users by providing information, answering questions, and engaging in discussions across various…

The Gordon Growth Model (GGM) is a method for valuing a stock by assuming that dividends grow at a constant rate indefinitely. It is based on the premise that the value of a stock is the present value of its…

Gross Domestic Product (GDP) is the total monetary value of all goods and services produced within a country's borders in a specific time period, usually annually or quarterly. It serves as a comprehensive measure of a nation's overall economic activity…

Gross Expense Ratio is a financial metric that represents the total operating expenses of a mutual fund or exchange-traded fund (ETF) expressed as a percentage of its average net assets. This ratio includes all expenses incurred by the fund, such…

Gross Income refers to the total income earned by an individual or business before any deductions, taxes, or expenses are taken out. It includes wages, salaries, bonuses, rental income, investment income, and any other income streams.Examples: A salaried employee earning…

Gross Margin refers to the difference between revenue and the cost of goods sold (COGS), expressed as a percentage of revenue. It is a measure of a company's financial health and its efficiency in producing and selling its products. Gross…

Gross Profit is the difference between revenue and the cost of goods sold (COGS). It reflects the amount of money a company makes from its sales after deducting the costs associated with producing its goods or services. Gross profit does…

Gross Profit Margin is a financial metric that shows the percentage of revenue that exceeds the cost of goods sold (COGS). It is calculated by subtracting COGS from total revenue and then dividing that figure by total revenue. This ratio…

Growth at a Reasonable Price (GARP) is an investment strategy that seeks to combine elements of growth investing and value investing. Investors following the GARP approach look for companies that exhibit strong growth potential while also trading at a reasonable…