GUARANTEED MORTGAGE CERTIFICATE (GMC)

A mortgage bond that passes through the Freddie Mac purchasing process. It is resold to investors. Incremental principal is sold and interest is paid semianually. Principal is paid annually.

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GROWTH OBJECTIVES

A goal that guides decision making for a firm. It is indended to between present and projected earnings.

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GUARANTEED DEATH BENEFIT

The guarantee for annuity contract that the beneficiary will get the death benefits if the party dies before the payments are done. They get the amount invested or current value of the contract whichever is higher.

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GROWTH PHASE

The life cycle stage beyond start up that involves more competition for market shares.

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GROWTH POTENTIAL

The probability that a business will grown. It uses sales and revenues to predict this.

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GROWTH SHARES

Shares a firm issues that are consistently above average earning. They are traded at more money over a long period of time. AKA growth stock.

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GROWTH STAGE

The third state in a life cycle when revenue raises fast and profits peak. The decline begins after this.

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GROWTH STRATEGY

When a larger market share is won at the expense of short term earnings. There are four strategies taht are diversificatin, product development, market penetration, and market developmen.

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GRUARII

The principal officers of a forest.

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GRUB STAKE

In mining law. A contract between two parties by which one undertakesto furnish the necessary provisions, tools, and other supplies, and the other toprospect for and locate mineral lands and stake out mining claims thereon, the Interestin the property thus acquired inuring to the benefit of both parties, either equally or insuch proportions as their agreement may fix. Such contracts create a qualified orspecial partnership. See Berry v. Wood- burn. 107 Cal. 512, 40 Pac. 804; Hartney v.Gosling, 10 Wyo. 34G, G8 Pac. 1118, 98 Am. St. Rep. 1005; Meylette v. Brennan, 20Colo. 242, 38 Pac. 75.

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