• GLOBEX

    or Global Electronic Exchange, an electronic trading platform developed by CME group for world-wide trading of futures and option contracts. Futures trading is not currently available at TradeKing.
  • GNMA

    commonly referred to as "Ginnie Mae." See Government National Mortgage Association.
  • GNP

    see Gross National Product
  • Gain

    1. an increase in the value of any investment.
    2. income in excess of expenditures.
    3. with respect to a transaction, proceeds received in excess of costs. Also termed Profit. Opposite of Loss.
  • Gamma

    one of the Greeks derived from a pricing model, it is the amount an option's delta will change for a corresponding one-unit (point or dollar) change in the price of the underlying stock (equity option), or value of the underlying index (index option).
  • Gap

    a significant difference, up or down, between the closing value for a security or index on one day, and the opening value the next day. May also occur intraday when consecutive last sales have a significant difference between them. This is generally caused by some extraordinary piece of financial news or other significant event.
  • General obligation bond (GO)

    a bond issued by a state or local government that is backed by its full faith and credit, and the money it can borrow and/or tax revenue it can raise. Opposite of Revenue bond which is backed by income from a specific project or program.
  • Generally Accepted Accounting Principles

    a standard set of accounting principles, standards and procedures. A combination of accepted accounting methods and standards set by Financial Accounting Standards Board.
  • Going private

    the repurchase of all shares of a publically traded company by an individual or group of investors. All equity in the company becomes privately held, the stock is delisted from any exchange where the shares were listed/traded and the stock is no longer available for purchase in the open market. A common motivation for this practice is a feeling that publicly traded shares are undervalued.
  • Going public

    a private company's offering of shares available for public trading in the open market. This is generally achieved through an initial public offering (IPO), and is a way for the company to raise capital needed for growth.
  • Good 'til canceled order (GTC)

    an order to buy or sell a security with instructions that the order remain in effect until it is fully executed or canceled. For options, such orders are automatically canceled when the contracts to be traded expire.
  • Government bonds

    bonds, a form of public debt instrument, issued by the U.S. government to cover deficit spending. See Treasuries.
  • Government National Mortgage Association (GNMA)

    a government owned corporation commonly referred to as "Ginnie Mae." GNMA does not buy mortgages, nor does it issue securities. Its primary activity is guaranteeing mortgage-backed securities issued by mortgage lenders that are backed by pools of loans guaranteed by entities such as the Federal Housing Agency, the Department of Veteran Affairs and the Rural Housing Service. These guarantees are backed by the full faith and credit of the United States.
  • Government sponsored entity

    a corporation or other enterprise created by a national or state government for the purpose of carrying out commercial or business activities on behalf of that government. Also might be known as a government-owned corporation or a government business enterprise.
  • Grade

    a quality rating, or grade, for bonds that usually refers to the rating applied by a credit agency. See also Credit rating.
  • Greeks

    theoretical sensitivities of an option's theoretical value to a change in one of the factors that affect an option's price: value of underlying stock or index, volatility, time until expiration and risk-free interest rate. See Delta, Gamma, Vega, Theta and Rho.
  • Gross Domestic Product

    the total market value of all final goods and services produced within a country in a given year.
  • Growth / growth stock

    stock in a company that's expected to appreciate in value at a high rate, or at least higher than others in the same industry sector or the broader market. Such stocks generally pay smaller dividends, if any at all, preferring to reinvest profits for further expansion. Commonly these stocks trade at high P/E ratios and are subject to wider swings in share value.
  • Growth fund

    a mutual fund whose objective is to see capital appreciation through a focus on growth stocks. Like growth stocks themselves these funds tend to be more volatile.
  • Growth rate

    the year to year change in a company's earnings.