PERSONAL FINANCE GLOSSARY

GAAP (General Accepted Accounting Principles)

General Obligation (GO) Bonds

Gift Tax

Ginnie Mae

Ginnie Mae Pass-Through

Global Funds

Grace Period

Grantor

Gross Domestic Product (GDP)

Growth Funds

Growth Stock

Growth and Income Funds

Guaranteed Insurability (Guaranteed Issue)

Guardian

A federally guaranteed bond-like security that represents a group of mortgages. The Ginnie Mae holders receive both interest and principal payments "passed through" from homeowners.