Gun jumping, or more commonly “jumping the gun,” refers to selectively using financial information that has not been publicly announced. At least two illegal methods of jumping the gun can be identified: Soliciting orders to buy a new issue before registration of the initial public offering (IPO) has been approved by the Securities and Exchange
What is the Guns-and-Butter Curve? The guns-and-butter curve is the classic economic example of the production possibility curve, which demonstrates the idea of opportunity cost. In a theoretical economy with only two goods, a choice must be made between how much of each good to produce. As an economy produces more guns (military spending) it
What Is a Gunslinger? “Gunslinger” is a slang term for an aggressive portfolio manager. A gunslinger often uses high-risk investment techniques to hopefully produce big returns. Rather than considering the long-term value of the company underlying a stock, gunslingers look at a stock’s momentum and seek to benefit from short-term trades based on sharp movements
What Is a Gut Spread? A gut spread, or “guts”, is an options strategy created by buying or selling an in-the-money (ITM) put at the same time as an ITM call. Long gut spreads are used by options traders when they believe that the underlying stock will move significantly, but are unsure whether it will
What Is Gwei? Gwei is a portmanteau (a blend of words) of giga and wei. Gwei is a denomination of the cryptocurrency ether (ETH), the digital coin used on the Ethereum network. Ethereum is a blockchain platform, like Bitcoin, where users transact to buy and sell goods and services without a middle man or interference from
What Is a Gypsy Swap? The term “gypsy swap,” though an established term, is problematic because of its racist overtones with respect to the Romani people. The term describes a method by which a company may raise capital without issuing additional debt or holding a secondary public offering. In some ways, this type of swap
George Soros is a legendary hedge fund manager who is widely considered one of the most successful investors of all time. Soros managed the Quantum Fund, a fund that achieved an average annual return of 30% from 1970 to 2000. He remains the chair of Soros Fund Management LLC. The Hungarian-born Soros is also known for
What Is the Haas School of Business? The Haas School of Business is the business school of the University of California at Berkeley. Founded in 1898 and located in Berkeley, California, the school offers both undergraduate and graduate programs. The Haas School of Business has the distinction of being the oldest American business school to
What Is a Habendum Clause? A habendum clause is a section of a contract that deals with property rights, interests, and other aspects of ownership given to one of the parties to a deal. Consisting of basic legal language, it is usually included in property-related documents. Most buyers and sellers have experience with it through
What Is a Haircut? In finance, a haircut has two meanings. A haircut is most commonly used when referencing the percentage difference between an asset’s market value and the amount that can be used as collateral for a loan. There is a difference between these values because market prices change over time, and the lender
