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Glossary

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There are currently 4 names in this directory beginning with the letter G.
Gift
The voluntary transfer of assets under which the giver receives no compensation and retains no interest in his or her gift.
Gift Tax
A tax the federal government and some states levy on the transfer of property as a gift. Generally gift taxes increase with the amount of the gift and are paid by the donor.
Gross Monthly Income
Total monthly income generated from all sources before taxes and other expenses are considered.
Group Life Insurance
Life insurance that insures all the members of a specific group, most often the employees of a specific company or the members of a professional association.