What Is Green Monday? Green Monday refers to one of the retail industry’s busiest shopping days, occurring on the second Monday in December. Green Monday represents the day many shoppers rush to purchase last-minute holiday gifts and take advantage of deals. Key Takeaways Green Monday is the second Monday in December and one of the
What Is a Greensheet? A greensheet is a document prepared by an underwriter to summarize the main components of a new issue or initial public offering (IPO). Such documents are for internal use only, functioning as a marketing tool to help drum up interest from prospective institutional investors and brokers. Key Takeaways A greensheet is a document
What is a Greenshoe Option? A greenshoe option is an over-allotment option. In the context of an initial public offering (IPO), it is a provision in an underwriting agreement that grants the underwriter the right to sell investors more shares than initially planned by the issuer if the demand for a security issue proves higher than
What Is Green Shoots? “Green shoots” is a term used to describe signs of economic recovery or positive data during an economic downturn. The term “green shoots” is a reference to plant growth and recovery, when plants start to show signs of health and life, and, therefore, has been employed as a metaphor for a
What Is Greenwashing? Greenwashing is the process of conveying a false impression or misleading information about how a company’s products are environmentally sound. Greenwashing involves making an unsubstantiated claim to deceive consumers into believing that a company’s products are environmentally friendly or have a greater positive environmental impact than they actually do. In addition, greenwashing
What Is Gross Processing Margin (GPM)? The gross processing margin (GPM) is the difference between the cost of a raw commodity and the income it generates once sold as a finished product. The gross processing margin is affected by supply and demand. The prices for raw commodities fluctuate, creating an ever-changing spread between the raw
What Is a Grace Period? A grace period is a set length of time after the due date during which payment may be made without penalty. A grace period, typically of 15 days, is commonly included in mortgage loan and insurance contracts. How a Grace Period Works A grace period allows a borrower or insurance
What Is Graded Vesting? Graded vesting is the process by which employees gain, over time, ownership of employer contributions made to the employee’s retirement plan account, traditional pension benefits, or stock options. Graded vesting differs from cliff vesting, in which employees become fully vested following an initial period of service; and immediate vesting, in which contributions
What Is a Graduated Lease? A graduated lease is an agreement under which a tenant and landlord agree to a periodic adjustment of monthly payments. For example, the agreement may reflect an increase in the tenant’s payments due to market conditions or an increase in the value of the leased property. How a Graduated Lease
What Is a Graduated Payment Mortgage (GPM)? A graduated payment mortgage (GPM) is a type of fixed-rate mortgage for which the payments increase gradually from an initial low base level to a higher final level. Typically, the payments will grow between 7% to 12% annually from their initial base payment amount until the full monthly payment amount is reached. Key
