Business and Personal Finance Dictionary

# 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 

• GENERAL ORDER - A penalty imposed on imported goods that are not promptly cleared through customs.
  
  
• GENERAL PARTNER - a co-owner of a business who is liable for all debts and other obligations of the ven...
  
  
• GENERAL PARTNER (GP) - a class of partner in a partnership. The general partner retains liability for t...
  
  
• GENERAL PARTNERSHIP - In a general partnership, all the partners participate in the operation and manag...
  
  
• GENERAL PLAN - Every city and county is required to develop a general plan of comprehensive zoning. (Se...
  
  
• GENERAL PROPERTY TAX - A tax levied on real estate and personal property.
  
  
• GENERAL REAL ESTATE TAX - General real estate taxes are levied to fund the operation of the governmenta...
  
  
• GENERAL RECOURSE - Rights to demand payment from the general assets of the debtor, without seniority in...
  
  
• GENERAL RESERVES - the funds that are set aside by a financial institution for the sole purpose of cove...
  
  
• GENERAL REVENUE - The sum of taxes, charges, and miscellaneous income taken in at the state and local l...