G

General Account - An account within an insurance company that is made up of the assets and investments that back the obligations of the insurance company.

General Obligation Bond - A type of municipal bond backed by the issuer's full faith and credit. See municipal bond.

Goodwill - An intangible or non-physical asset, such as value of a company's brand or reputation. Goodwill is also the price a company pays to purchase another company over and above the value of its physical assets.

Government Agency Bond - A debt security issued by a U.S. government related agency.

Government Agency Paper - Short-term debt securities issued by U.S. government related agencies.

Gross Income - Total personal income before taxes or other deductions.

Growth Stock - The stock of a corporation whose sales and earnings are expanding faster than the general economy.

Guaranteed Renewable - A provision in term insurance contracts that allows the owner to renew the policy at the end of its term without evidence of insurability.