Arrow Financial Services

Jargon Buster

Jargon Buster



Results for letter: G


GAZUMPING

Gazumping is where a seller agrees to accept your bid and then accepts a higher bid from someone else.

GILT (GILT EDGED SECURITY)

A fixed-interest bond or security issued by the UK government.

GOODWILL

Is the difference between the value of the separable net assets of a business and the total value of the business. Usually applied to intangible values such as a company’s brands and the presumed tendency of customers to continue buying from the company.

GPP (GROUP PERSONAL PENSION)

An arrangement made by an employer for employees of that company to participate in a personal pension scheme on a group basis.

GROUP STAKEHOLDER PENSION

A group stakeholder pension is a collection of stakeholder pensions. Your employer may set one up to give you and your fellow workers a retirement income. It is a type of defined contribution scheme.

GILTs

Fixed-interest loan securities issued by the UK government.

GROUP PERSONAL PENSIONS

A pension who's contributions are facilitated by your employer.

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