Course glossary

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Here are some worlds which should be familiar for you till the end of the course, try to cover them when you will have free time.


Browse the glossary using this index

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G

Golden hello

An attractive package (typically a bonus, or stock options) that are offered to a senior employee as an incentive to join the company.

Golden share

A golden share in a company is able to outvote all other shares in a specified circumstance.

Grey knight

During a business takeover, this is a bidder who has no clearly stated intentions.

Gross

The total amount of money you have earned in a period of time before deductions such as taxes.

Gross domestic product (GDP)

GDP is the sum of all goods and services produced in the country’s economy. If it is up on the previous three months, the economy is growing. If GDP is down, the economy is contracting.

Gross national product (GNP)

GNP is another way to measure the economy, but also the welfare of British citizens. This is GDP plus the profits, interest and dividends received from British residents abroad and minus those profits, interest and dividends paid from the UK to overseas residents.