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BUSINESS LAW GLOSSARY |
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Glossary of Business
Law Terms
A
B C
D E
F G
H I
J K L
M N
O P
Q R S
T U
V
W X Y Z #
Click on
the first letter of the word from the list above to go to
the appropriate section of the glossary. Contact us if you would like a personal injury law glossary or
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- G -
Garnishment of Wages: Taking or seizing
the amount owing pursuant to a child support order or other order, directly from
the employee's wages; a proceeding whereby a debtor's money, or other property,
which is under the control of another is given to a third person to whom the
debtor owes a debt.
General Partner: Usually one of the owners
and operators of a partnership, which is a joint business entered into for
profit, in which responsibility for management, profits and, most importantly,
Go Public: The process of becoming a
public, fully reporting company either by filing a registrations statement with
the SEC, or by merging with a public company.
Good Standing: A state a corporation
enjoys when it is in full compliance with the law.
Goods: Items held for sale in the regular
course of business, as in a retail store.
Gross Negligence: Failure to use even the
slightest amount of care in a way that shows recklessness or willful disregard
for the safety of others.
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Glossary.
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