Accounting Definitions G

Bookkeeping Terms Starting With Letter G

Accounting Definitions G - There are hundreds of accounting definitions, financial meanings and bookkeeping terms here in my accounting terms glossary.

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Accounting Definitions - Glossary 

Accounting Definitions Glossary

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Accounting Definitions G
Bookkeeping Terms Starting With The Letter G

Accounting Definitions G:

GAAP:

Generally Accepted Accounting Principles.

Gage:

To determine the dimensions, amount, force, etc.

Gain:

To get or undergo as an increase, profit, addition. To make progress, increase, improve. A desired acquisition, commercial profit. Amount of increase. 

Gainful:

Yielding profit, lucrative.

Gainless:

Profitless.

Gamble:

To risk or bet something of value on the outcome of an event, a game of chance. To take a risk to obtain a desired result. To wager or bet something of value.

Gambler:

One who gambles.

Gaming:

The act or practice of gambling.

General Ledger:

A book or computer record showing all the financial transactions of a business.

Geometric:

Pertaining to or according to the rules and principles of geometry.

Geometry:

The branch of mathematics that treats of space and its relations, especially as shown in the properties and measurement of points, lines, angles, surfaces, and solids.

Goal:

a point toward which effort or movement is directed, the objective point that one is striving to reach, the end aimed at.

Goodwill:

The value of a business over and above its tangible assets.

Good-will:

The prestige and friendly relationship with customers built up by a business or member of a profession.

Great:

Very large, big, immense, vast. Being much more numerous than the average.

Gross Income:

Earnings before any usual deductions such as tax or expenses have been made.

Growth:

The process of growing, gradual increase of development.

Growth Industry:

An industry with a rate of growth or development greater than the rate of growth of the economy as a whole.

Guarantee:

A pledge or formal assurance that something will meet stated specifications or that a specified act will be performed.

Guaranty:

A pledge, made in separate contract, to be responsible for the contract, debt, or duty of another person in case of his default. A deposit or security made in place of such a pledge.

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