Golden Handshake

Entry in progress -- B.P. Wikipedia; Golden handshakeA golden handshake is a clause in an executive employment contract that provides the executive with a significant severance package in the case…

Golden Hello

Entry in progress -- B.P. Wikipedia: Golden helloA Golden hello is a bonus offered by hiring firms if the hired joins the company from a rival firm. It is very similar to the traditional joining…

Golden Parachute

A "golden parachute" is when a company tries to avoid a hostile takeover and aims to protect its top employees. A clause is added to these top employees' contracts that, in the event…

Graveyard Market

A "graveyard market" is the end of a long bear market -- when the stock market seems like a "graveyard." Long-time investors have suffered large losses, but stay in the market…

Gray Knight (Grey Knight)

Entry in progress -- B.P. Wikipedia: White knight (business)In business, a white knight, or "friendly investor" may be a corporation, or a person that intends to help another firm. There…

Great Accumulation

The term "Great Accumulation" refers to central banks buying foreign exchange reserves. China's central bank, for example, bought large amounts of dollars in the early 2000s, but…

Great Compression

The term "Great Compression" was coined by Claudia Dale Goldin and Robert A. Margo in their book, The Great Compression: The wage structure in the United States at mid-century (1991). The…

Great Contraction

The "Great Contraction" is the period from 1929-1933 that is also called the "Great Depression." Economist Milton Friedman (1912-2006) popularized -- but did not coin -- the…

Great Debasement

The "Great Debasement" (1542-1551) occurred when the English Crown reduced the gold and silver content in its coins, saving the government money. The name "Great Debasement" was…