General ledger


 

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General ledger

Accounting records that show all the financial statement accounts of a business.



General ledger

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General Average Contribution

General Average Contribution

The amount of money paid by each shipper involved in a General Average.


General Agreement on Tariffs and Trade

General Agreement on Tariffs and Trade

A multilateral treaty entered into in 1948 by the intended members of the International Trade Organization, the purpose of which was to implement many of the rules and negotiated tariff reductions that would be overseen by the ITO. With the failure of the ITO to be approved, the GATT became the principal institution regulating trade policy until it was subsumed within the WTO in 1995.


Generally Accepted Accounting Principles (GAAP)

Generally Accepted Accounting Principles (GAAP)

The overall conventions, rules, and procedures that define accepted accounting practice at a particular time in the U.S.


Generalized System of Preferences

Generalized System of Preferences

Tariff preferences for developing countries, by which developed countries let certain manufactured and semi-manufactured imports from developing countries enter at lower tariffs than the same products from developed countries.


General lien

General lien

The legal right for a creditor to seize the assets of a debtor to satisfy an outstanding debt.


Further Suggestions

General Agreement on Trade in Services
General Agreement on Tariffs and Trade
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annual general meeting
General Agreement on Tariffs and Trade (GATT)
general obligation bond
extraordinary general meeting
Computable general equilibrium
General partner
General Membership
General Mortgage Bond
Director General
General Order
General Lien
general personal equity plan
General lien


 
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