Secured Loans
Gross domestic product (GDP)
The market value of goods and services produced over time including the income
of foreign corporations and foreign residents working in the U.S., but excluding
the income of U.S. residents and corporations overseas.
Gross interest
Interest earned before taxes are deducted.
Gross national product (GNP)
Measures and economys total income. It is equal to G.D.P. plus the income
abroad accruing to domestic residents minus income generated in domestic
market accruing to non-residents.
Gross parity
Mainly applies to convertible securities and international equities. Antithesis of
net parity. For the price of a convertible = including accrued interest. For the price
of international security = including commissions, fees, stamp duty and other
transaction costs, translated into U.S. dollar amounts.
Gross profit margin
Gross profit divided by sales, which is equal to each sales dollar left over after
paying for the cost of goods sold.
Gross spread
The fraction of the gross proceeds of an underwritten securities offering that is
paid as compensation to the underwriters of the offering.
Group of eight (G-8)
The G-7 countries plus Russia.
Group of five (G-5)
The five leading countries (France, Germany, Japan, United Kingdom, and the
U.S.) that meet periodically to achieve some cooperative effort on international
economic issues. When currency issues are discussed, the monetary authorities
of these nations hold the meeting.
