Guarantor program

Guarantor program

Guarantor program

Under the Freddie Mac program, the aggregation by a single issuer (usually an S&L) for the purpose of forming a qualifying pool to be issued as PCs under the Freddie Mac guarantee.



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Guaranteed insurance contract

Guaranteed insurance contract

Guaranteed insurance contract

A contract promising a stated nominal interest rate over some specific time period, usually several years.



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Growth stock

Growth stock

Growth stock

Common stock of a company that has an opportunity to invest money and earn more than the opportunity cost of capital.



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Growth phase

Growth phase

Growth phase

A phase of development in which a company experiences rapid earnings growth as it produces new products and expands market share.



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Growth manager

Growth manager

Growth manager

A money manager who seeks to buy stocks that are typically selling at relatively high P and E ratios due to high earnings growth, with the expectation of continued high or higher earnings growth.



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Growing perpetuity

Growing perpetuity

Growing perpetuity

A constant stream of cash flows without end that is expected to rise indefinitely.



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