Good Faith
An act done honestly.

Goodwill
A business asset of intangible value created by customer and supplier relations.

Gross Domestic Product (GDP)
The value of all the final goods and services produced in the U.S. over a particular period. Available from the Bureau of Economic Analysis toward the end of the first month following the end of a quarter, and revised in each of the following two months. Growth in inflation-adjusted GDP, or real GDP, is the figure most often quoted. The GDP figures before adjustment for inflation are known as nominal GDP.

Gross Income
Total income from property before any expenses are deducted.

Guarantee
(TO) GUARANTEE (A LOAN) to agree to indemnify the holder of a loan all or a portion of the unpaid principal balance in case of default by the borrower.

Guaranty
An assurance provided by one party that another party will perform under a contract.