Tooltip Categories: Economics & Finance

government revenue

What a government takes in from tax and other sources, such as the privatisation of government assets, to help finance expenditure.(source: lexicon.ft.com)

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governance

Establishment of policies, and continuous monitoring of their proper implementation, by the members of the governing body of an organization. (Read more: http://www.businessdictionary.com/definition/governance.html#ixzz2TlZDDdAK)

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grace period

A time past the deadline for an obligation during which a late penalty that would have been imposed is waived. (source: http://en.wikipedia.org/wiki/Grace_period)

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Gini coefficient

The Gini coefficient measures the inequality among values of a frequency distribution (for example levels of income). A Gini coefficient of zero expresses perfect equality,

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glass ceiling

A political term used to describe the unseen, yet unbreakable barrier that keeps minorities and women from rising to the upper rungs of the corporate

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globalization

Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment

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goal

The aim or object towards which an endeavour is directed. (source: http://www.wordreference.com/definition/goal)

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good faith

Effort made, information given, or transaction done, honestly and without a deliberate intention to defraud the other party, iit is implied by law into commercial

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Global Reporting Initiative [GRI]

The Global Reporting Initiative (GRI) is a leading organization in the sustainability field. GRI promotes the use of sustainability reporting as a way for organizations

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gap in the market

An unmet consumer need or a group of potential customers who are not yet purchasing a good or service. Gaps in the market represent opportunities

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