A loan with monthly payments that increase yearly. The more that is paid the more principal is paid and the time of the loan is shortened.
GROWING EQUITY MORTGAGE (GEM)
Category: G
GROUP OF FIFTEEN (G-15)
A slightly better of group of nations that was started in 1990. They are Algeria, Argentinia, Brazil, Egypt, India, Indonesia, Jamaica, Malaysia, Mexico, Nigeria, Peru, Senegal, Venezuela, Yugoslavia, and Zimbabwe.
GROUP OF FIVE (G-5)
The top 5 countries in the world. The are the United States of America, the United Kingdom, Germany, France, and Japan.
GROUP OF SEVEN (G-7)
The major power in finance that meet to debate monetary policy and economics. They are part of the OECD. They are Canada, France, Germany, Italy, Japan, United States of American, and the United Kingdom. It was started in 1986.
GROUP OF SEVENTY SEVEN (G-77)
Started in 1964 it has more than 125 nations. The countries try to cooperate and create a united front in policy economics.
GROUP OF TEN (G-10)
The most wealthy 11 nations. They are Belgium, Canada, France, Germany, Italy, Japan, Netherlands, Sweden, Switzerland, the United Kingdom, and the United States. They lend currency to the IMF to help supplement resources. Switzerland was added in 1994.
GROUP HOUSE
Convention and trade show market venue specifically designed as a hotel.
GROUP OF THIRTY (G-30)
An international non profit organization based in Washington DC. It is sponsored by banks and started in 1978. They meet every 6 months to debate issues in policy and finance as well as securities transactions.
GROUP I RATES
Fire, explosion, and vandalism coverage rates for the newest commercial lines program. ‘Fire Rates’ is an obsolete term.
GROUP OF TWENTY (G-20)
A forum for finance ministers and bank governors from the 20 top countires. It is used to discuss issues on the global economy. It was expanded from the G7 to include emerging market countries.