Go-Go Investment: Highly Speculative investment method relying on the technique of ‘fast-in-fast-out’, with little regard for the fundamental value of the stocks.
Goodwill: An Intangible Asset on a balance sheet, representing the difference between the book value and the buyers’ price of assets of a business. It may represent reputation, anticipated future earnings, time and place utility.
Gross Domestic Product (GDP): Generally regarded as the best measure of the level of economic activity in a country. It is arrived at by totaling the value of a country’s annual output of goods and services. It can be measured by adding the incomes of all the residents of a country, both individuals and firms which are derived from the production of goods and services. GDP can be measured at market prices (i.e. current price level) or at constant prices (i.e. the price level at some historical date).
Gross National Product (GNP): This is the Gross Domestic Product of a country plus what is known as “Nett Factor Payment Abroad”. This item is defined as residents’ income from economic activities abroad, and properties held abroad, minus the corresponding income of non-residents from the country.
Gross Profit: The margin between the cost of goods sold and the selling price ( see Net! Profit).
Group (or Consolidated) Accounts: The financial accounts of a Holding Company which includes the Assets, Liabilities and Earnings of all its Subsidiaries and a pro rata share of the Earnings of its Associates.