G
Banking Terms - GGateway Operator (GO) - (an organization or entity - financial institution, ACH Operator, or ODFI (Originating Depository Financial Institution) - that provides or uses electronic transaction processing services which serve as an entry or exit point to or from the United States financial system)
General Agreement on Tariffs and Trade (GATT) - (international agreement designed to promote trade by reducing tariffs, restrictions, and barriers)
General Agreements to Borrow (GAB) - (arrangements, whereby members of the Group of Ten countries, make loans to the International Monetary Fund (IMF) to finance drawings by a member of the group)
general purpose reloadable card (GPR) - (prepaid card in which funds have been paid for in advance and to which value can be added (reloaded))
General Services Administration (GSA) - (federal agency providing services and assistance to other agencies in areas such as procurement and shared computer services)
Generally Accepted Accounting Principles (GAAP) - (accounting rules and conventions defining acceptable practices in recording and reporting financial data and in the preparation of financial statements)
Generally Accepted Auditing Standards (GAAS) - (rules and guidelines promulgated by the AICPA's Auditing Standards Board relating to the conduct of audits and the reporting of results)
Global Depositary Receipt (GDR) - (receipt for shares in a foreign-based corporation, traded in capital markets around the world)
Global Investment Performance Standards (GIPS) - (standardized rules relating to the reporting of investment performance by money managers worldwide)
Government Accountability Office (GAO) - (independent agency that serves as the investigative arm of Congress, monitoring and reporting on the effectiveness of programs and agencies)
Government National Mortgage Association (GINNIE MAE) (GNMA) - (federal agency under the Department of Housing and Urban Development (HUD) which guarantees mortgages issued by other federal agencies and issues mortgage-backed securities)
Government Securities Clearing Corporation (GSCC) - (nonprofit subsidiary of the National Securities Clearing Corporation (NSCC) that provides clearing and settlement of U.S. government securities)
Government Sponsored Enterprise (GSE) - (entities that are government related - Freddie Mac, Fannie Mae, and the Federal Home Loan Banks)
graduated payment mortgage (GPM) - (fixed rate mortgage with low payments in the early years and higher payments later on)
Gramm-Leach-Bliley Act of 1999 (GLBA) - (Financial Services Modernization Act) (federal legislation which removed the Glass-Steagal Act restrictions which separated commercial banking from investment banking activities, allowing banks involvement in securities and insurance, while adding privacy and security protections for consumer information)
Growing Equity Mortgage (GEM) - (mortgage with a fixed interest rate but varying monthly payments)
Guaranteed Mortgage Certificate (GMC) - (mortgage-backed bond, backed by a pool of mortgages, issued by the Federal Home Loan Mortgage Corporation (FHLMC) (Freddie Mac))