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Banking

General Risk Reserve

A type of general reserve (statutory reserve) that a bank creates, for risk coverage purposes, by appropriations from net profits...

Gone Concern Capital

A layer of capital (for a bank or financial institution) consisting of items such as revaluation reserves, subordinated debt, hybrid...

Gone Concern Conversion

The conversion (of a CoCo debt into equity) that takes place at default (putting an end to the going concern...

Going Concern Conversion

The conversion (of a CoCo debt into equity) that takes place ahead of, and in attempt to thwart, default (as...

Going Concern Capital

A bank's capital that can absorb losses without triggering bankruptcy or failure of the bank. A going concern capital can...

GPM

It stands for graduated payment mortgage; a fixed rate mortgage that entails low payment (of interest and repayment of principal) in...

Graduated Payment Mortgage

A fixed rate mortgage that entails low payment (of interest and repayment of principal) in the early years, and thereafter...