General Obligation (GO) Bond – A municipal debt security backed by the full faith, credit, taxing and borrowing power of the municipality issuing it.
General Partner – In a Direct Participation Program (DPP) or limited partnership, the individual who manages the venture and has unlimited financial liability should the DPP fail.
Grantor – The person donating assets into a trust.
Growth Fund – A management company that buys common stocks and equivalent securities that have above average potential with the principal objective of achieving capital gains with little or no dividend payouts.
Growth Investing – Selection of equity investments based solely on the earnings or stock price over time.
Growth Stock – Stock of new and expanding companies which values are expected to grow rapidly. Such companies usually pay little or no dividends, preferring to use the income instead to finance further expansion.