Generation-skipping Trust A Generation-skipping Trust is a legally valid trust document where the grantor's properties are handed down to the grantor's grandchildren, thereby "skipping" the children.
Boomer Generation People who were born between the years of 1946-1964 are known as “baby boomers” and this generation is called the Boomer Generation.
General aggregate limit General aggregate limit is in the commercial general liability policy, it is the maximum amount the insurer will pay for the sum of the following—damages under Coverage A and B, and medical expenses
General average General average is in ocean marine insurance, a loss incurred for the common good that is shared by all parties to the venture.
General damages General damages are an award for damages that cannot be specifically measured or itemized, such as compensation for pain and
General ledger systems General ledger systems generate the company’s income statements and balance sheets and are responsible for managing new and old accounts in the company.
Generalization Making a judgment about a whole category based on experience with a limited part of that category, i.e. a general principle of both science and living is called generalization.
Generation gap Differences between parents and children in attitudes, beliefs, opinions and values which are attributed at least in part to the effects of being socialized
Generativity Generativity is the task of Erikson' S seventh stage of development to be achieved in middle age. It entails the ability to do creative work or be a creative parent.
General partner General partner is a partner having specific authority, specific operational responsibilities, and unlimited liability.