Business Dictionary

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An alphabetical listing of General terms and items.

Gateway   Dico Tools

GDP   Dico Tools
Gross domestic product, the total flow of services and goods produced by an economy over a quarter or a year, measured by the aggregate value of services and goods at market prices.

Global Warming   Dico Tools
Is the increase in the Earth's overall average temperature over recent decades and its projected increase in coming years. In recent years, this term has been used to describe the effect of human activities on the Earth's atmosphere.

Globalization   Dico Tools
The process of tailoring products or services to different local markets around the world.

GNP   Dico Tools
Gross National Product, GDP plus domestic resident's income from investment abroad less income earned in the domestic market accruing to noncitizens abroad.

Greenhouse Gas   Dico Tools
Greenhouse gases refer to gases in the Earth's atmosphere that prevent the release of heat into space and therefore maintain heat retention in the atmosphere of the planet. Much like a greenhouse trapping the heat of the sun, greenhouse gases act like a clear insulating blanket, allowing the sun's energy to warm the atmosphere but not allowing the Earth to radiate some of that heat back into space.

Gross Profit   Dico Tools
The difference between the selling price and the cost of an item. Gross profit is calculated by subtracting cost of goods sold from net sales.

Growth Capital   Dico Tools
Funding that allows a company to accelerate its growth. For new startup companies, growth capital is the second stage of funding after seed money.

Growth Rate   Dico Tools
The rate of an economy's growth as measured by its technical progress, the growth of its labor, and the increase in its capital stock. .

Guarantee   Dico Tools
A pledge by a third party to repay a loan in the event that the borrower defaults.

Guarantor   Dico Tools
A person or organization that guarantees repayment of a loan if the borrower defaults or is unable to pay.

Guerilla Marketing   Dico Tools
A marketing technique, the aim of which is to damage the market share of competitors.

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