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Welcome to Firstrade's stock market glossary. Do all the research you want. Use this glossary to look up any financial term. - G -
Gearing A company's debt expressed as a percentage of its equity capital. General Obligation (GO) Bond A municipal bond backed by the full taxing power of the issuing municipality. Ginnie Mae See Government National Mortgage Association. Good Delivery Securities delivered to the broker from the seller, properly endorsed to be delivered to the buyer. Good 'Til-Canceled (GTC) An order that remains open until it is either executed or canceled. Goodwill The intangible asset of a company, such as a strong brand name or reputation. GNMA See Government National Mortgage Association. Government Bond Debt security issued by the U.S. government. Government National Mortgage Association (GNMA) A government corporation that provides primary mortgages through bond issuances. Its securities are called Ginnie Maes. Gross Profit The net sales before tax minus cost of sales. Growth and Income Funds Mutual funds that invest in companies whose earnings are expected to grow, sacrificing some future profits in order to provide current income. Growth Stock Stock of a company in an emerging young industry. GTC See Good 'Til Canceled.
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