What Is Garnishment? Garnishment, or wage garnishment, is when money is legally withheld from your paycheck and sent to another party. It refers to a legal process that instructs a third party to deduct payments directly from a debtor’s wage or bank account. Typically, the third party is the debtor’s employer and is known as
Who Was Gary S. Becker? Gary S. Becker was an economist who won the 1992 Nobel Prize for his microeconomic analysis of the impact of economic considerations on human behavior and interaction. Before Becker, human behavior was primarily analyzed within the framework of other social sciences, such as sociology. His prize-winning research focused on rational
What Is Gas (Ethereum)? Gas is the fee required to successfully conduct a transaction or execute a contract on the Ethereum blockchain platform. Fees are priced in tiny fractions of the cryptocurrency ether (ETH)—denominations called gwei (10-9 ETH). Gas is used to pay validators for the resources needed to conduct transactions. The exact price of the gas
What Is a Gate Provision? A gate provision refers to a statement in a fund’s offering documents that establishes the fund manager’s right to limit or halt redemptions. The prospectus or offering documents may provide more detail on a gate provision, such as scenarios where redemptions would be restricted or halted entirely. Gate provisions are intended to stop
What is Gather In The Stops? Gather in the stops is a trading strategy where investors attempt to drive down the price of a stock by selling large quantities of stock to trigger stop orders. Key Takeaways The practice of the gather in the stops strategy is to force stop orders into market orders.Some exchanges
What Is the General Agreement on Tariffs and Trade (GATT)? The General Agreement on Tariffs and Trade (GATT), signed in 1947 by 23 countries, is a treaty minimizing barriers to international trade by eliminating or reducing quotas, tariffs, and subsidies. It was intended to boost economic recovery after World War II. GATT was expanded and
What Is GBP? GBP is the abbreviation for the British pound sterling, the official currency of the United Kingdom, the British Overseas Territories of South Georgia, the South Sandwich Islands, and British Antarctic Territory and the U.K. crown dependencies the Isle of Man and the Channel Islands. Many other currencies are pegged to the British
What Are General Collateral Financing Trades? General collateral financing (GCF) trades are a type of repurchase agreement (repo) that is executed without the designation of specific securities as collateral until the end of the trading day. GCF trades utilize several inter-dealer brokers, who act as intermediaries for the GCF trades. GCF trades allow both borrowers
What Was GDAX? GDAX is the former name of the cryptocurrency exchange run by Coinbase, a popular broker for bitcoin and other digital assets. Unlike the in-app purchases available through the Coinbase wallet, GDAX was aimed at professional traders, with tools to track price movements and set complex buy and sell orders. The exchange was
What Is Gross Domestic Income (GDI)? Gross domestic income (GDI) is a measure of a nation’s economic activity that is based on all of the money earned for all of the goods and services produced in the nation during a specific period. In theory, GDI should be identical to gross domestic product (GDP), a more
