A voluntary conveyance of land, or transfer of goods, from one person to another,made gratuitously, and not upon any consideration of blood or money. 2 Rl.Comm. 440; 2 Steph. Comm. […]
G | Page 14
G
GIFT CARD
Debit card with a preloaded amount. The cardholder uses it for the purchase of goods or services. Most can be used anywhere like a major credit card. However, some gift […]
GIFT CAUSA MORTIS
a Latin phrase meaning the gift of personal property that is given to a person before the other has died, though he is expected to die.
GIFT DEED
this term applies to the gift of property or land for a very small sum of money.
GIFT IN KIND
Good or service, not money, given as a gift.
GIFT IN TRUST
a term used that describes a gift of property that comes without the title. This means that the person can’t sell or hand the property on.
GIFT OVER
In case the primary recipient is unavailable, unable, or unwilling to accept a bequest, an arrangement nominates a secondary recipient.
GIFT TAX
Property transferred as gift, or by inheritance or will, without any payment or monetary consideration in exchange, is typically liable to have a charge levied on it. The person / […]
GIFT TAX RETURN
Assessed on the amount exceeding the exemption limit. If a gift has greater value than the annual federal exemption allowance, an IRS tax exists specifically for the recipient.
GIFT WITH RESERVATION
A gift or asset transfer with some condition attached. The condition in some way usually benefits the original owner. Prior to the death of the owner it is commonly used […]
GIFT-LEASEBACK
Transferring assets or property ownership to a trust or beneficiary by signed arrangement . The original owner rents / leases the property or assets back from the trust or beneficiary […]
GIFTA AQUiE
The stream of water to a mill. Mon. Angl. torn. 3.
GIFTED
A person above average in one or more talents. Usually a child. An example is any child of seven or less who is able to play an instrument at near […]
GIFTED STOCK
To lessen a tax amount each part owner of an asset has to pay, that asset or investment is given to another entity.
GIFTING PHASE
Part of estate planning strategy. An investor uses wealth to provide for the current and future needs of loved ones and charities. Typically a rewarding time for the investor. Meaningful […]
GIFTOMAN
In Swedish law. The right to dispose of a woman in marriage; or theperson possessing such right,
GIFTS INTER VIVOS
a Latin phrase meaning gifts between living people.
GIGA (G)
Specifies a multiple of one billion as a prefix.
GIGABIT (GB)
One billion bits. Exponential: 2^30; As a number:1,073,741,824.
GIGABYTES (GB)
One billion bytes. Exponential: 2^30; As a number:1,073,741,824.
GIGAFLOP (GFLOPS)
The number of floating point operations per second a computer can do equals one billion (10^9).
GIGAWATT (GW)
Equivalent to: 1.34 million horsepower or one thousand megawatts or one billion (10^9) watts. Supply enough power to a medium size city. A unit of electric power.
GIGAWATT HOUR (GWH)
Equivalent to: 3.41 billion British thermal units (Btu) or 3.6 terajoules or one thousand megawatt hours or one billion (10^9) watt hours. A unit of electrical energy.
GILD
In Saxon law. A tax or tribute. Spelman.A fine, mulct, or amerciament; a satisfaction or compensation for an injury.A fraternity, society, or company of persons combined together, under certain regulations,and […]
GILDA MERCATORIA
A gild merchant, or merchaut gild; a gild, corporation , orcompany of merchants. 10 Coke, 30.