Grievance

Real or imaginary ground for complaint.

Grid for corporate audit

It the ‘Grid for Corporate Audit’ the rows contain various functions and the ‘columns’ capabilities. This helps provide the audit quantify evaluation.

Grey market

Unofficial trade especially in unissued shares or in controlled or scarce good. A market where transactions are not recorded or formally documented.

Grey economy

The part of the economy conducted by means of informal commercial activity and not accounted for in official statistical figures. Dominated by transactions in cash or kind (barter) without intervention of the formal banking system.

Grenth stock

A stock that has a propensity to increase in capital value; high income shares of an industry that promises to grow.

Grenth industry

Any industry that has a rapid growth and reflects on evolving trend of rising demand.

Green mail

Buying, generally secretly, of a large chunk of some company’s stock thereby making the company buy back those stocks with a view to stave off hostile take over.

Greenlining

The investment made by the banks in social service sector.

Gray market

A market where such goods as are in short supply are sold at exorbitant rates through irregular conduits.

Gray collar

Persons supervising heavy work of their subordinates.

Gravy train

(Informal) A source of easy financial benefit.

Graveyard shift

A night work shift.

Gratuity

Money granted to somebody who has rendered some service.

Grapevine

A very strong non-formal information medium.

Grant

1) Any transfer made legally. 2) Any money given by the state. 3) Transfer of property by means of written instrument.

Grandfather clause

A provision that frees existing products from adhering to new rules.

Grand prix

Any of several important international motor or motor cycle racing events.

Governmental accounting

The mode, principles and conventions underlying the accounting for municipalities, state and central government units.

Government securities

Any stock that enjoys government backing is a government security. State Bonds, Treasury bills etc.

Government bond

Any bond issued by the government.

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