Reduced rate to specific group traveling together. Also refer to independent tour excursion (ITX) fare .
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GROUP INSURANCE
Group of employees and their dependents covered by one insurance contract.
GROUP LIFE INSURANCE
Employees of the same company or members of a particular club having life insurance coverage under one contract. Lower cost, tax cuts, adverse selection , and shared expenses are motivators […]
GROUP MODEL HMO
An insurance firm that makes an agreement with providers and hospitals to pay a fixed rate for care provided to their clients.
GROUP NORMS
Understood acceptable behavior within groups that change from sitution to sitution. If there were no rules of conduct, social gatherings would be chaotic.
GROUP OF EIGHT (G-8)
The eight industrialized nations governmental leaders. They are the United States of America , Japan, Russia, France, Germany, Italy, Canada, and Britian. It was called G6 until Canada joined in […]
GROUP OF ELEVEN (G-11)
The nations with the most debt in Latin America . They are Argentina, Bolivia, Brazil, Chile, Columbia, Dominican Republic, Ecuador, Mexico, Peru, Uruguay, and Venezuela. It was formed in 1984
GROUP OF FIFTEEN (G-15)
A slightly better of group of nations that was started in 1990. They are Algeria, Argentinia, Brazil, Egypt, India, Indonesia, Jamaica, Malaysia, Mexico, Nigeria, Peru, Senegal, Venezuela, Yugoslavia, and Zimbabwe.
GROUP OF FIVE (G-5)
The top 5 countries in the world. The are the United States of America , the United Kingdom, Germany, France, and Japan.
GROUP OF SEVEN (G-7)
The major power in finance that meet to debate monetary policy and economics. They are part of the OECD. They are Canada, France, Germany, Italy, Japan, United States of American, […]
GROUP OF SEVENTY SEVEN (G-77)
Started in 1964 it has more than 125 nations. The countries try to cooperate and create a united front in policy economics.
GROUP OF TEN (G-10)
The most wealthy 11 nations. They are Belgium, Canada, France, Germany, Italy, Japan, Netherlands, Sweden, Switzerland, the United Kingdom, and the United States . They lend currency to the IMF […]
GROUP OF THIRTY (G-30)
An international non profit organization based in Washington DC. It is sponsored by banks and started in 1978. They meet every 6 months to debate issues in policy and finance […]
GROUP OF TWENTY (G-20)
A forum for finance ministers and bank governors from the 20 top countires. It is used to discuss issues on the global economy . It was expanded from the G7 […]
GROUP OF TWENTY-FOUR (G-24)
Nations in the International Monetary Fund started in 1972 in balance the G10. It has 8 members in Africa, Asia, and Latin America .
GROUP ORDINARY LIFE INSURANCE
When a firm charges groups the same for life insurance .
GROUP ORIENTED MANUFACTURE
The arrangement of equipment to effectively produce from one to several products offered by a company.
GROUP PERMANENT INSURANCE
The grouping of life insurance with retirement benefits using an equal premium.
GROUP PERMANENT LIFE INSURANCE
When an insurance firm offers several types of life insurance to a group of clients.
GROUP PROPERTY AND LIABILITY INSURANCE
When an insurance firm offers a policy that combines property and liability protection using an equal premium.
GROUP RATE
A rate made available by hotels to people who travel in a group.
GROUP RENEWABLE TERM INSURANCE
Group life insurance covering only during a certain period of time that is normally a year. It is renewable at its end.
GROUP RETIREMENT INCOME INSURANCE
Group insurance with equal premium for the whole policy for retirement income .
GROUP ROTATION MANAGER
A manager that follows market trends to keep securities at the stronges market value . They manage a fund or portfolio to outperform the market.
GROUP TECHNOLOGY
The manufacturing technique that groups similar machines into cells to get the most productivity out of them.
