What Is Government-Owned Property? Government property consists of land or assets owned by federal, state, or local governments and may also include government agencies or government-sponsored organizations such as libraries or parks. Key Takeaways Government-owned property refers to land or other assets that are legally owned by a government or government entity.Government-owned property may be
What Is a Government Paper? Government paper is a debt security that is issued or guaranteed by a sovereign government. Government paper of a nation is usually perceived as the least risky class of debt securities in that country and will offer investors the lowest yields compared with debt of a similar maturity issued by
What Is the Government Pension Fund of Norway (GPFN)? The Government Pension Fund of Norway is made up of two separate Norwegian investment funds with different mandates. The first is the Government Pension Fund Global (GPFG), also known as the Oil Fund. Established in 1990 to invest surplus revenues of the Norwegian petroleum sector, the
What Is the Government Pension Investment Fund (Japan)? The term Government Pension Investment Fund refers to the pension fund for employees of the public sector in Japan. The pension fund is the second-largest pension fund in the world, with approximately $1.6 trillion in assets under management (AUM) as of January 2021. The fund contributes to the
What Is a Guaranteed Minimum Withdrawal Benefit (GMWB)? A guaranteed minimum withdrawal benefit (GMWB) is a type of rider or contract attached to some annuity insurance policies. It guarantees the policyholder a steady stream of annual withdrawals via the return of all premiums paid into the contract, regardless of an investment’s performance, through a series of annual
What Is the Guinea Franc (GNF)? GNF is the currency abbreviation for the Guinea franc, the national currency of the Republic of Guinea, a country in West Africa. The Republic of Guinea was formerly known as French Guinea; today it is often referred to as Guinea-Conakry, which refers to the name of its capital city
What Is Gross National Product (GNP)? Gross national product (GNP) is an estimate of the total value of all the final products and services turned out in a given period by the means of production owned by a country’s residents. GNP is commonly calculated by taking the sum of personal consumption expenditures, private domestic investment
What Is Goal-Based Investing? Goal-based investing is a relatively new approach to wealth management that emphasizes investing with the objective of attaining specific life goals. Goal-based investing (GBI) involves a wealth manager or investment firm’s clients measuring their progress towards specific life goals, such as saving for children’s education or building a retirement nest-egg, rather than focusing
What Is Goal Seeking? Goal seeking is the process of finding the correct input value when only the output is known. The function of goal seeking can be built into different kinds of computer software programs like Microsoft Excel. Key Takeaways Goal seeking is finding the correct input when only the output is known. This is
What Is Go-Around? Go-around is the Federal Reserve’s process for soliciting bid or offer prices from primary dealers for open market operations (OMO). OMO is when the central bank buys or sells Treasury securities in the open market in order to add or remove money from the money supply. This process involves an auction that requires
