Generic

Generic

Generic

Refers to the characteristics and-or experience of the total universe of a coupon of MBS sector type; that is, in contrast to a specific pool or collateral group, as in a specific CMO issue.

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Generally Accepted Accounting Principals (GAAP)

Generally Accepted Accounting Principals (GAAP)

Generally Accepted Accounting Principals (GAAP)

A technical accounting term that encompasses the conventions, rules, and procedures necessary to define accepted accounting practice at a particular time.

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General partnership

General partnership

General partnership

A partnership in which all partners are general partners.

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General partner

General partner

General partner

_A partner who has unlimited liability for the obligations of the partnership.

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General obligation bonds

General obligation bonds

General obligation bonds

Municipal securities secured by the issuer’s pledge of its full faith, credit, and taxing power.

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General cash offer

General cash offer

General cash offer

A public offering made to investors at large.

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GEMs (growing-equity mortgages)

GEMs (growing-equity mortgages)

GEMs (growing-equity mortgages)

Mortgages in which annual increases in monthly payments are used to reduce outstanding principal and to shorten the term of the loan.

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Gearing

Gearing

Gearing

Financial leverage.

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Gamma

Gamma

Gamma

The ratio of a change in the option delta to a small change in the price of the asset on which the option is written.

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