Great Recession 2007-2009

Overview The “Great Recession” describes the sharp global economic decline that began in the United States in 2007 and officially ended (for the U.S.)…

Great Leap Forward

• The Great Leap Forward (1958–1961) was a Mao Zedong–led campaign to transform China from an agrarian society into an industrialized socialist state through…

Great Depression

Key takeaways – The Great Depression (roughly 1929–1941) was the deepest, longest economic contraction in U.S. history and a global crisis that followed the…

GRE A concise definition

• The Graduate Record Examination (GRE) General Test is a standardized exam used by many graduate and business schools (primarily in the U.S. and…

Gravestone Doji

Key takeaways – A gravestone doji is a candlestick formation that often signals a potential bearish reversal: long upper shadow with open, low and…

Graphics Processing Unit (GPU)

A Graphics Processing Unit (GPU) is a specialized electronic circuit (a chip) designed to accelerate creation and manipulation of images for display on electronic…

Grantor Retained Annuity Trusts (GRATs)

Key takeaways – A GRAT (Grantor Retained Annuity Trust) is an irrevocable estate‑planning vehicle that lets a grantor transfer future appreciation of assets to…

government shutdown

• A federal government shutdown occurs when Congress and the president fail to pass (and sign) appropriations or continuing resolution legislation that provides money…

Government Securities

Key takeaways – Government securities are debt instruments issued by sovereign governments to raise funds; they function like IOUs and are generally regarded as…

Gordon Growth Model (GGM)

The Gordon Growth Model (GGM) is a simple dividend-discount valuation method that estimates a stock’s intrinsic value by assuming the company will pay dividends…