The international standard that is used to uniquely identify securities. It consists of a two-character alphabetic country code specified in ISO 6166, followed by a nine-character alphanumeric security identifier (assigned by a national security numbering agency), and then an ISIN check-digit.
Archives
Funds From Operations (FFO)
Used instead of earnings to evaluate real estate investment trusts (REITs). Depreciation of real estate that was deducted from earnings is added back in to calculate FFO. Any gains or losses from the sale of real estate is also removed.
Future Inflation Gauge
A private-sector index (1992=100) that attempts to predict the direction of inflation over the next 6 to 12 months.
Gain-on-sale accounting
A company estimates the future profitability of a trade made today and books a profit today based on the present value of those estimated future profits.
GARP
Growth at a reasonable price. A strategy of buying stocks whose price/earnings ratio is equal to or less than the estimated annual earnings growth rate.
Generally Accepted Accounting Principles (GAAP)
Accounting rules and procedures established by the Financial Accounting Standards Board, an independent self-regulating organization.
Geographic Funds
Mutual funds specializing in a specific geographic area such as Europe.
GICS
The Global Industry Classification Standard (GICS) is a consistent set of global economic sector and industry definitions. GICS are used to classify the constituents of many indices worldwide. GICS is a four-level classification system. The four levels are: sector, industry group, industry, and sub-industry. Standard & Poor’s and Morgan Stanley Capital International (MSCI), two providers of global indices, jointly launched GICS in 1999.
Good Delivery
The term used to describe a security that is in proper form to transfer title, which means that the registered owner has endorsed it. To settle a sale, the certificate must be surrendered on good delivery by the seller. A certificate that bears a share transfer restriction will not constitute good delivery. The term used to describe a security that is in proper form to transfer title, which means that the registered owner has endorsed it. To settle a sale, the certificate must be surrendered on good delivery by the seller. A certificate that bears a share transfer restriction will not constitute good delivery.
Good For the Day
Buy or sell limit order will expire at close of trading if not executed.