Gap opening Used in the context of general equities. Opening price that is substantially higher or lower than the previous day's closing price , usually because of some extraordinarily positive or negative news. A widely used model for pricing foreign currency options . Gearing Financial leverage . Mortgages in which annual increases in monthly payments are used to reduce outstanding principal and to shorten the term of the loan .
General cash offer A public offering made to investors at large.
General obligation bonds Municipal securities secured by the issuer's pledge of its full faith, credit, and taxing power. General partner A partner who has unlimited liability for the obligations of the partnership . A partnership in which all partners are general partners . Geographic risk Risk that arises when an issuer has policies concentrated within certain geographic areas, such as the risk of damage from a hurricane or an earthquake. Geometric mean return Also called the time weighted rate of return , a measure of the compounded rate of growth of the initial portfolio market value during the evaluation period, assuming that all cash distributions are reinvested in the portfolio.