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

Mutual funds that strive for both dividend income and capital appreciation by investing in companies with solid records of dividend payments and capital gains. Most growth and income funds strive for yields equal to or better than the money market average and to provide capital appreciation that at least beats inflation.