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is gemini better than coinbase
gemini and coinbase are both cryptocurrency exchanges but they offer different services which is better depends on how each serves your needs in which country is gemini gemini is headquartered in new york united states but is available to users globally the bottom linethe gemini exchange is one of a handful of cryptocu...
what is gemology
gemology is the science of studying cutting and valuing precious stones but the essence of gemology is in identifying the gemstones one who works in the field of gemology is called a gemologist and jewelers and goldsmiths also may be gemologists some collectors and investors may be interested only in gems monetary valu...
when returns in the stock market decline aggressive investors often seek out alternatives that may hold more promise of increasing returns on invested capital roic than traditional investment types or some investors might want to consider tangible assets simply as a way to diversify their holdings even during good mark...
however unlike other types of investments gemstones may not be as easily liquidated if you have an urgent need for cash this drawback is especially founded for rare precious stones and jewelry that would appeal to elite buyers only gemstone investing can seem exciting to those who want to make quick returns but it is h...
how to become a gemologist
in the field of gemology there are many career opportunities some of the most common include appraisers retail associates lab gemologists and jewelry designers however it can be tough to break into these fields most require at least some formal training in general here are the steps you should follow if you want to bre...
what is a general account
the general account is where an insurer deposits premiums from policies it underwrites and from which it funds day to day operations of the business the general account does not dedicate collateral to a specific policy and instead treats all funds in aggregate understanding general accounts
when an insurance company underwrites a new policy it is paid a premium by the policyholder these premiums are deposited into the insurer s general account the insurer will use these funds in a variety of ways it will set aside a portion as a loss reserve which is used to cover the estimated losses it expects may occur...
insurers are less likely to invest in equities and options than they are to invest in fixed income or real estate assets held in the general account are owned by the general account and are not attributed to a specific policy but rather to all policies in aggregate the insurer may choose however to create separate acco...
what is the general agreement on tariffs and trade gatt
the general agreement on tariffs and trade gatt signed in 1947 by 23 countries is a treaty minimizing barriers to international trade by eliminating or reducing quotas tariffs and subsidies it was intended to boost economic recovery after world war ii 1gatt was expanded and refined over the years leading to the creatio...
what is the purpose of the general agreement on tariffs and trade gatt
the general agreement on tariffs and trade was set up to eliminate protectionism get countries trading freely among themselves and help restore economic prosperity following the devastation of world war ii
is gatt a free trade agreement
that was essentially its goal gatt sought to push the world toward a reality where goods and services are exchanged among countries without tariffs quotas favoritism or discrimination
why was gatt replaced by the world trade organization wto
gatt though largely successful in reaching its goal was said to lack a coherent institutional structure in short it was a legal agreement acting as an international organization the world trade organization incorporates the principles of gatt and is better positioned to carry them out because among other things it is b...
what was general agreements to borrow gab
the term general agreements to borrow gab refers to a terminated lending medium for members of the group of ten g 10 the program was established in 1962 allowing the international monetary fund imf to borrow funds from the central banks of these advanced countries the capital was advanced as temporary loans to countrie...
what are general and administrative g a expenses
general and administrative g a expenses are incurred in the day to day operations of a business and may not be directly tied to a specific function or department within the company general expenses pertain to operational overhead expenses that impact the entire business administrative expenses are those that can t be d...
what qualifies as an overhead expense
rent and utility costs for your place of business are primary overhead expenses because it s difficult to dodge them property taxes are an overhead expense if you own your property rather than lease space advertising supplies insurance and the salaries and wages you pay your employees are also overhead expenses 4
how do i calculate cost of goods sold cogs
cost of goods sold cogs is the total you spent to produce a good or service that you ve sold you can calculate it by adding your beginning inventory and any purchases you made toward that goal and then subtracting your ending inventory balance cost of goods sold beginning inventory purchases ending inventoryinclude onl...
what is a decentralized management structure
a decentralized management structure provides mid and low level management personnel with the authority to make key decisions regarding their employees and projects directives don t necessarily have to come down from top management this type of structure isn t generally appropriate for industries that tend to be highly...
what is the general business credit
the general business credit gbc is the aggregate value of individual tax credits a business claims during a tax year it consists of carryforward credits from previous years plus the current year s total business credits because it s a tax credit and not a tax deduction the amount comes directly off your tax bill if you...
how do i file the general business credit
to claim the general business credit start by completing the specific tax forms for each individual credit you are taking next carry over the total of all these credits to form 3800 general business credit
which tax credits are included in the general business credit
dozens of tax credits can be used on the general business credit including the investment credit work opportunity credit low income housing credit empowerment zone employment credit credit for small employer pension plan startup costs credit for employer provided childcare facilities and services energy efficient home ...
which businesses are eligible for the general business credit
according to the irs an eligible small business is any of the following additionally the entity s average annual gross receipts during the prior three tax years can t exceed 50 million if the business is less than three years old base the average annual gross receipts on the period the business has existed 5
what are general collateral financing trades
general collateral financing gcf trades are a type of repurchase agreement repo that is executed without the designation of specific securities as collateral until the end of the trading day gcf trades utilize several inter dealer brokers who act as intermediaries for the gcf trades gcf trades allow both borrowers and ...
what is the general data protection regulation gdpr
the general data protection regulation gdpr is a legal framework that sets guidelines for the collection and processing of personal information from individuals who live in and outside of the european union eu approved in 2016 and put into effect in 2018 the gdpr is the toughest security and privacy law in the world it...
how do companies become compliant under the general data protection regulation
there are several ways for companies to become gdpr compliant some of the key steps include auditing personal data and keeping a record of all the data they collect and process companies should also be sure to update privacy notices to all website visitors and fix any errors they find in their databases who is covered ...
when did the gdpr come into effect
the gdpr was approved in april 2016 however it took two years for the framework to be established as such the regulation went into full effect on may 25 2018 2the bottom linebusinesses collect personal data and they have often sold that information sometimes without the consent of their consumers but laws have been put...
what is general equilibrium theory
general equilibrium theory or walrasian general equilibrium attempts to explain the functioning of the macroeconomy as a whole rather than as collections of individual market phenomena 1the theory was first developed by the french economist leon walras in the late 19th century 2 it stands in contrast with partial equil...
what is the general depreciation system
the general depreciation system is the most commonly used modified accelerated cost recovery system macrs for calculating depreciation a general depreciation system uses the declining balance method to depreciate personal property understanding the general depreciation system gds the declining balance method requires a...
what is a general ledger
a general ledger represents the record keeping system for a company s financial data with debit and credit account records validated by a trial balance it provides a record of each financial transaction that takes place during the life of an operating company and holds account information that is needed to prepare the ...
what is a general manager gm
a general manager gm is responsible for all or part of a department s operations or the company s operations including generating revenue and controlling costs in small companies the general manager may be one of the top executives in hierarchical organizations gms rank above most employees but below corporate level ex...
what does a general manager do
a general manager oversees a workforce budgets for the work that needs to be done ensures the company is staffed and many other higher level business functions
is general manager a high position
general managers usually have several lower level managers reporting to them so it can be a high position they are not executive level but usually they report to the executives
what is a general manager vs a manager
the level each manager is at varies by business structure and industry for instance in a company with divisions and departments managers supervise employees at the division level whereas a general manager would manage at the department level the bottom linegeneral managers oversee daily operations and budgets and ensur...
what is a general obligation bond
a general obligation bond go bond is a municipal bond backed solely by the credit and taxing power of the issuing jurisdiction rather than the revenue from a given project general obligation bonds are issued with the belief that a municipality will be able to repay its debt obligation through taxation or revenue from p...
what is a general order go
a general order go is a status given to imported goods that are missing the proper documentation or cannot be quickly cleared through customs for other reasons merchandise may be held under general order if the proper duties fees or interest are not paid if the owner fails to complete the required customs paperwork or ...
what is general partner
a general partner is one of two or more investors who jointly own a business that is structured as a partnership and who assumes a day to day role in managing it understanding general partnera general partner has the authority to act on behalf of the business without the knowledge or permission of the other partners un...
what is a general partnership
a general partnership is a business arrangement by which two or more individuals agree to share responsibilities assets profits and financial and legal liabilities of a jointly owned business in a general partnership partners agree to be personally responsible for potentially unlimited liability liabilities are not cap...
is a general partnership the same as an llp
not exactly a general partnership and a limited liability partnership are both partnerships and pass through entities however a general partnership involves the potential for the unlimited personal liability of partners for financial and legal obligations a limited liability partnership like a limited liability company...
what are the advantages of a general partnership
general partnerships can be simple to set up people can get together declare that they re a partnership and start working immediately in most cases a general partnership isn t required to register with the state it does business in incorporation isn t required either it can be dissolved automatically when one partner l...
what is a general partnership
a general partnership is a business arrangement by which two or more individuals agree to share responsibilities assets profits and financial and legal liabilities of a jointly owned business in a general partnership partners agree to be personally responsible for potentially unlimited liability liabilities are not cap...
is a general partnership the same as an llp
not exactly a general partnership and a limited liability partnership are both partnerships and pass through entities however a general partnership involves the potential for the unlimited personal liability of partners for financial and legal obligations a limited liability partnership like a limited liability company...
what are the advantages of a general partnership
general partnerships can be simple to set up people can get together declare that they re a partnership and start working immediately in most cases a general partnership isn t required to register with the state it does business in incorporation isn t required either it can be dissolved automatically when one partner l...
what is a general public distribution
in finance the term general public distribution refers to the process by which a private company becomes a publicly traded company by selling its shares to the public at large this is in contrast to a conventional public distribution in which the shares are sold largely to institutional investors
how general public distributions work
the transaction whereby a private company s shares are sold to the public for the first time is known as its initial public offering ipo if the ipo involves directly selling to a large pool of investors regardless of whether they are small retail investors or large funds then that ipo would be referred to as a general ...
when investors buy shares through an ipo they are participating in what is known as the primary market in the primary market the securities you purchase come directly from the company issuing them by comparison the secondary market is one where you purchase securities from other owners of that security who either previ...
from the perspective of the company there are many potential reasons to undertake an ipo to begin they may wish to raise funds for expansion such as by building new facilities hiring new employees funding increased research and development r d initiatives or even acquiring a competitor in this case the ipo would repres...
what are the generally accepted accounting principles gaap
the generally accepted accounting principles gaap are a set of accounting rules standards and procedures issued and frequently revised by the financial accounting standards board fasb and the governmental accounting standards board gasb these principles ensure consistency accuracy and transparency in financial reportin...
where are generally accepted accounting principles gaap used
gaap is used primarily in the united states while the international financial reporting standards ifrs are in wider use internationally
why is gaap important
gaap is crucial for maintaining trust in the financial markets without gaap investors might be more reluctant to trust the information presented to them by public companies without that trust fewer transactions and higher transaction costs could result ultimately weakening the economy gaap also helps investors analyze ...
what are non gaap measures
companies can present certain figures without following gaap guidelines as long as they identify them as non gaap companies sometimes do that when they believe the gaap rules don t fully capture specific operational nuances in such cases they may provide specially designed non gaap metrics alongside the required gaap d...
what are generally accepted auditing standards gaas
generally accepted auditing standards gaas are a set of systematic guidelines used by auditors when conducting audits of companies financial records gaas helps to ensure the accuracy consistency and verifiability of auditors actions and reports the auditing standards board asb of the american institute of certified pub...
what are the 3 types of gaas
the three sections of generally accepted auditing standards are general standards standards of field work and standards of reporting 3
what is gaap in auditing
gaap refers to generally accepted accounting principles these are the accounting standards and rules by which companies record and report their financial activities these financials are examined subsequently by auditors who can then attest to their veracity or report inadequacies
does an auditor have to follow gaas
if an auditor is a member of the american institute of certified public accountants whose accounting standard board issues gaas the auditor is required to follow gaas
what happens if an auditor doesn t follow gaas
if an auditor fails to adhere to gaas they could be held liable for negligence regarding losses suffered by a company the bottom linegenerally accepted auditing standards are a set of guidelines that auditors follow when they examine and report on companies financial records these guidelines are important because they ...
definition of generally accepted principles and practices gapp
the generally accepted principles and practices gapp which are also known as the santiago principles are standardized business procedures related to the operation of sovereign wealth funds swfs which have agreed to pursue financial rather than political agendas and maintain a stable global financial system understandin...
what is a generation gap
a generation gap refers to the chasm that separates the beliefs and behaviors belonging to members of different generations this gap often manifests in varying thoughts actions and preferences between younger and older generations differences may exist in politics values pop culture and other areas while generation gap...
how generations are distinguished
the current living generations have been divided into the following six major groups each generation has its own characteristics regarding vernacular technological influences workplace attitudes general consciousness and ways of life as survirors of the great depression and world war ii the greatest generation played a...
what is a generation gap
a generation gap is the thoughts beliefs and ideologies that separate one generation from the next these can encompass beliefs on politics business race and pop culture
what causes generation gaps
generation gaps are simply caused by age and the situation of the world at the time when one generation has grown up for example the beliefs and perceptions of those who grew up during world war ii may be different from those who grew up in the 1960s though to be sure similarities will remain
what are the generation gaps called
some of the different generation gaps are the traditionalists the baby boomers generation x millennials and generation z
is the generation gap no longer a gap
there are many studies conducted on this topic there will always be different generations simply because people are born at different times similarly the world and society are always changing which will inadvertently change the perception of individuals depending on the period they grew up in studies also show that the...
how can we bridge the generation gap
there are ways to bridge the generation gap in certain workplace situations encouraging multigenerational teamwork is one tactic creating clear cultural values such as highlighting the importance of the quality of the work rather than where the work is done office vs remotely is another incorporating many communication...
what is the generation skipping transfer tax gstt
the generation skipping transfer tax is a federal tax on a gift or inheritance that prevents the donor from avoiding estate taxes by skipping children in favor of grandchildren with the generation skipping transfer tax grandchildren receive the same amount as if the inheritance were coming from their parents before the...
how much is the generation skipping transfer tax
in the past the gstt has been hefty ranging from 35 to 77 9 the current rate which has been in effect since 2014 is 40 however the tax cuts and jobs act dramatically lessened the estates that might be affected by it for 2022 the federal estate gift and gstt exemption is 12 06 million for each individual 12 92 million i...
what triggers the generation skipping transfer tax
the generation skipping transfer tax is triggered when a person gifts another person an asset but skips a generation in doing so for example when a person gifts a home to their grandchild and skips their child who pays the generation skipping transfer tax the generation skipping transfer tax is paid by either the grant...
how much can a parent gift a child tax free in 2022
a parent can gift a child tax free 16 000 in 2022 in 2023 the amount is 17 000 this is per parent and per recipient 12
what is a generation skipping trust gst
a generation skipping trust gst is a type of legally binding trust agreement in which the contributed assets are passed down to the grantor s grandchildren thus skipping the next generation the grantor s children by passing over the grantor s children the assets avoid the estate taxes taxes on an individual s property ...
what is generation x gen x
generation x sometimes shortened to gen x is the name given to the generation of people born between the mid 1960s and the early 1980s the exact years that comprise gen x vary some researchers demographers william strauss and neil howe for example place the exact birth years from 1961 to 1981 whereas gallup places the ...
when you were in your 20s managing your finances was a fairly simple matter of getting into good financial habits such as saving and budgeting now you are at the point where your finances are probably a bit more complicated and one financial variable such as the amount that you contribute to your company s 401 k plan c...
this variable impact probably means that it is time to enlist a professional financial planner or financial advisor who can plug your cash flow balance sheet risk tolerance investment objectives time horizon and tax bracket into a sophisticated financial planning program this can give you at least some idea of where yo...
why is gen x sometimes called the lost generation
also known as the lost generation forgotten generation or invisible generation gen x has received these monikers because of the shifting societal values that occurred during their rise gen x grew up amid a rise in divorces single parent households and loneliness today gen x is again considered lost because it is stuck ...
is gen z or x older
gen x is older than gen z by a few decades in between gen x and gen z is the millennial generation
what does the x stand for in generation x
the letter x refers to an unknown variable as in mathematics or to the generation s desire not to be defined 13the bottom linenumbering about 65 million generation x includes individuals born between the mid 1960s and the early 1980s known as the latchkey or the lost generation gen x ers grew up at a time when societal...
what is a generic brand
the term generic brand refers to a type of consumer product on the market that lacks a widely recognized name or logo because it typically isn t advertised generic brands are usually less expensive than their brand name counterparts due to their lack of promotion which can inflate the cost of a good or service these br...
when comparing generic and brand name products consumers tend to pay close attention to and compare their lists of individual ingredients most consumers believe that generics are of a lesser quality compared to brand names the quality of generic brands though is generally comparable to name brand products despite the d...
as noted above generic brands can be found in the food and beverage industry as well as in pharmaceuticals for example a supermarket may offer its own generic product say a dairy product like sour cream next to a name brand product to appeal to a cost conscious customer or a pharmacy may offer consumers a generic alter...
what is a genesis block
a genesis block is the first block in a cryptocurrency blockchain a blockchain consists of a series of blocks that store information related to transactions that occur on a blockchain network each block contains a unique header and is individually identified by its block header hash these blocks are chained together by...
is genesis block 0 or 1
it is the first block on the bitcoin blockchain however it has a block height of zero who owns the bitcoin genesis block the genesis block is believed to be owned by whoever satoshi nakamoto is
what is a genesis block
a genesis block is the first block on a blockchain the genesis block is the first block on the bitcoin blockchain the bottom linethe genesis block is the first block on the bitcoin blockchain but it is also a term that can be used to refer to the first block on any blockchain it is special to cryptocurrency fans becaus...
genetically modified foods gmf are produced from organisms that have had their genes altered to introduce traits not created through natural selection genetically modified foods mostly fruits and vegetables have been commercially available since the 1994 1 modifying the genetic code of a fruit vegetable or animal invol...
in the united states the u s food and drug administration environmental protection agency and u s department of agriculture regulate genetically modified foods to ensure they are safe for human consumption 2 breaking down genetically modified food gmf proponents of genetically modified fruits and vegetables point to th...
what is a gentlemen s agreement
a gentlemen s agreement is an informal often unwritten agreement or transaction backed only by the integrity of the counterparty to actually abide by its terms an agreement such as this is generally informal made orally and is not legally binding despite their more casual nature a violation of a gentlemen s agreement c...
how a gentlemen s agreement works
gentlemen s agreements have been commonly made in international trade and relations as well as in most industries gentlemen s agreements were especially prevalent at the birth of the industrial age and well into the first half of the 1900s as regulation often lagged new business practices such agreements were found to ...
what resulted in some cases were new gentlemen s agreements in which wall street financiers such as j p morgan and his house of morgan would meet with the bureau itself to receive prior clearance on mergers and takeovers one such example was the gentlemen s agreement that had regulators and the president overlook the s...
in 1907 a stock market panic that hit several big investment banks led to a financial crisis the panic led to president theodore roosevelt working closely with j p morgan to consolidate banks under the argument that doing so would stave off a larger crisis 5similarly in 1907 morgan again worked informally with roosevel...
what is the purpose of a gentlemen s agreement
a gentlemen s agreement may be proposed to consummate a deal between two or more parties without the need for regulatory oversight or a trusted third party enforcer such as a court or judge this can reduce transaction costs and also make the reconciliation of the deal more flexible
what was the gentlemen s agreement of 1907
in 1907 u s negotiators settled on a gentlemen s agreement that restricted immigration to america by japanese nationals in return president roosevelt agreed to cancel a san francisco statute whereby japanese children were segregated from white students 2
what are other words to describe a gentlemen s agreement
other words to describe a gentlemen s gentleman s agreement are an informal agreement unspoken agreement handshake agreement verbal agreement tacit agreement or unwritten agreement pactum latin for pact is another way to describe it
does a gentlemen s agreement stand up in court
a gentleman s agreement can be enforceable when it meets the criteria of an oral contract although some types of contracts such as for a real estate transaction must always be in writing
what is gentrification
gentrification is the transformation of a neighborhood from low value to high value it is viewed as a process of urban development in which a neighborhood or portion of a city develops rapidly in a short period of time often as a result of urban renewal programs including real estate investment this process is often ma...
why gentrification is controversial
gentrification has become controversial because historically it has come with a significant component of discrimination against racial minorities women and children the poor and older adults even as it may bring about a reversal in the decline of a city displacement caused by gentrification can force prior residents in...
why is gentrification a problem
gentrification can be seen as a problem because it negatively impacts a community s history residents culture and social capital it is a housing economic and health issue that displaces a group of people through urban renewal programs typically benefiting higher income people as they move into affordable neighborhoods ...
what are the disadvantages of gentrification
the disadvantages of gentrification include the loss of small businesses the displacement of long term residents the loss of affordable housing increases in the cost of living cultural erasure and the loss of diversity who is to blame for gentrification the blame for gentrification can be attributed to private investme...
what is genuine progress indicator gpi
a genuine progress indicator gpi is a metric used to measure the economic growth of a country it is often considered an alternative metric to the more well known gross domestic product gdp economic indicator the gpi indicator takes everything the gdp uses into account but adds other figures that represent the cost of t...
how the genuine progress indicator works
the genuine progress indicator is an attempt to measure whether the environmental impact and social costs of economic production and consumption in a country are negative or positive factors in overall health and well being 2the gpi metric was developed out of the theories of green economics which sees the economic mar...
how is gpi different from gdp
genuine progress indicator gpi factors in all the components of the gross domestic product gdp and includes environmental and social elements that impact the economy such as pollution volunteerism crime and climate change some economists suggest that gpi is a better metric than gdp as it gives a holistic view of the we...
what are the component indicators of the gpi
the gpi consists of 26 indicators grouped into three categories social economic and environmental 2 each measures a different condition of the economy within the social category you will find crime family structure academics and more in the environmental category you will find pollution climate change and other factors...
what is geographical diversification
diversification generally speaking is the practice of allocating money to a wide variety of investments so as to minimize risk it s the financial equivalent of not putting all your eggs in one basket geographical diversification means holding securities from different regions you don t want all of your money in a singl...
what is geographical labor mobility
geographical labor mobility is a measure of the relative ease with which workers can relocate within a nation or region to find jobs that require their skills greater labor mobility in an economy is associated with higher productivity in an economy overall understanding geographical labor mobilitygeographic labor mobil...
when the country was expanding westward and new industries were being developed geographic labor mobility was at its peak new migrants and american born workers moved to places with economic promise
however the rate of moving has declined consistently since the 1980s 7 according to u s census data the rate of movement between states has fallen by nearly half since 1989 while the rate of mobility between counties has declined by almost a third indeed even during the coronavirus pandemic labor mobility continued dow...
what is occupational labor mobility
occupational labor mobility is an assessment of the ease at which workers are able to switch jobs often involving a new occupation or career path unlike geographical labor mobility occupational mobility does not necessarily involve relocating
why is labor mobility important
increased labor mobility is generally thought to be a positive for the economy more freedom to move tends to result in higher productivity more satisfied employees lower unemployment and rising gross domestic product gdp
why is cross broder labor mobility controversial
encouraging geographic mobility across national borders is often a point of controversy opponents argue that migrant workers are usually hired because they will accept lower wages effectively taking jobs from citizens in extreme cases it can lead to the overpopulation of certain areas straining public services and push...
what is geographical pricing
geographical pricing is the practice of adjusting an item s sale price based on the location of the buyer sometimes the difference in the sale price is based on the cost to ship the item to that location but the difference may also be based on what amount the people in that location are willing to pay companies will tr...
what is geolocation
geolocation is the ability to track a device s whereabouts using gps cell phone towers wifi access points or a combination of these since devices are used by individuals geolocation uses positioning systems to track an individual s whereabouts down to latitude and longitude coordinates or more practically a physical ad...
what is the geometric mean
the geometric mean is the average of a set of products analysts portfolio managers and others commonly use the calculation of the geometric mean to determine the performance results of an investment or portfolio technically a geometric mean is defined as the nth root product of n numbers the geometric mean must be used...
george soros is a legendary hedge fund manager who is widely considered one of the most successful investors of all time soros managed the quantum fund a fund that achieved an average annual return of 30 from 1970 to 2000 he remains the chair of soros fund management llc 1
the hungarian born soros is also known for his vast philanthropic activities he has donated billions of dollars to various causes through the open society foundations he is a longtime champion of liberal and progressive causes making him a target of a variety of conservative conspiracy theories soros is believed to be ...