Growth Investing Stock Market Glossary
From A for ‘Asset’ to Z for the ‘Zero-Coupon Yield Curve’ — your comprehensive guide to everything that matters in the markets.
G1 (G-Spread)
Yield spread of a corporate bond compared to the government bond yield curve of similar maturity.
G7 risk
Political-economic risk arising from decisions of leading industrialized nations influencing markets and exchange rates.
GAAP Earnings
Earnings calculated under Generally Accepted Accounting Principles (GAAP), including all mandatory accounting and valuation rules without management adjustments.
Game Theory
Analyse strategischer Entscheidungen miteinander interagierender Akteure.
Gamma
Rate of change of Delta per unit price movement of the underlying asset; measure of the curvature of the option price.
Gamma scalping
Continuously adjusting the hedge position to profit from fluctuations in a delta-hedged options portfolio.
Gap
Price gap between two trading periods without any trades in between.
Gap Fill
Closing of a previously occurred price gap by a counter movement.
GARP (Growth At A Reasonable Price)
Growth strategy focusing on sustainable growth at a reasonable valuation.
GC (General Collateral)
Standard securities in the repo market with broad availability and low haircuts.
GDP (Gross Domestic Product)
Measure the market value of all goods and services produced domestically within a specific period of time.
GDR (Global Depositary Receipt)
Tradable depositary receipt security on foreign stocks outside the home country.
Geometric return
Time-weighted average return over multiple periods including compound interest effect.
Geopolitical risk
Market risk from international conflicts, sanctions, or trade restrictions.
German Federal Bank
Central bank of Germany and part of the Eurosystem with responsibilities in monetary policy, payment systems, and supervision.
GICS (Global Industry Classification Standard)
Global industry standard for classifying companies into sectors and industries.
GIPS (Global Investment Performance Standards)
Framework for fair and comparable asset management performance disclosures.
Global Custodian
Custodian with a global network for international securities settlement.
Global Macro
Investment strategy based on macroeconomic trends across asset classes.
Global Minimum-Variance Portfolio
Portfolio on the efficient frontier with minimal variance given a universe.
Global Systemically Important Bank (G-SIB)
Internationally significant institute with increased regulation and capital requirements.
Going Concern
Continuation assumption in accounting as the basis of valuation.
Going Private
Repatriation of a publicly traded company into private ownership, often through acquisition.
Gold
Precious metal and asset class with a role as a store of value and diversification instrument.
Golden Cross
Technical signal, when a long-term average is crossed from below by a short-term one.
Good 'til Cancelled Order
Order with validity "Good-Til-Canceled" without automatic expiration date.
Good Delivery
Quality standard and specification for tradable precious metal bars.
Good-Til-Canceled (GTC)
Order validity without a fixed end date until execution or cancellation.
Good-Til-Date (GTD)
Order validity until a specified date.
Good-till-date order
Order with validity until a defined date.
Goodwill
Business or company value as an intangible asset from corporate acquisitions.
Gordon-Growth-Model
Dividend valuation model with constant perpetual growth factor.
Govvie (Government Bond)
Term for government bond, often used as a reference in the interest rate market.
Greeks (Options Greeks)
Sensitivities such as Delta, Gamma, Vega, Theta, and Rho for risk measurement of options.
Green Bond
Bond whose proceeds from issuance are earmarked for sustainable projects.
Greenwashing
Misleading representation of products or companies as more sustainable than they actually are.
Grey Listing
Observation list of supervisory authorities for jurisdictions with deficiencies in anti-money laundering measures.
Grey Market
Pre-market or over-the-counter trading before the official initial listing.
Gross Exposure
Sum of the absolute long and short positions of a portfolio.
Gross margin
Show the share of gross profit in sales as a measure of basic profitability.
Gross Margin
Share of gross profit in sales as a key measure of profitability.
Gross Merchandise Value (GMV)
Trading volume on platforms in e-commerce as a core top-line metric.
Gross Profit
Revenue minus cost of goods sold before sales and administrative expenses.
Gross profit
Profit before distribution, administrative, and research costs, i.e., revenue minus production costs.
Gross profit
Difference between sales revenue and cost of sales in the income statement.
Gross-Up
Contractual grossing up of payments to compensate for withholding tax or fee deductions.
Groupthink
Distortion due to conformity pressure in teams leads to the risk of making poorer decisions.
Growth
Style focus on companies with above-average growth in revenue, profit, or cash flows.
Growth in earnings
Change in profit over time, often measured as CAGR.
Growth Investing
Investment strategy focusing on high-growth companies and reinvestment opportunities.
Growth Rate
Percentage change of a growth-related metric over a defined period of time.
GSCI (S&P GSCI)
Wider commodity index as benchmark for commodity investments.
