Letters: G

Gross Domestic Product

The total value of all goods and services produced within a country’s borders in a given period. GDP is a key indicator of a country’s economic performance and is used to measure economic growth and development.

Goodwill

The excess of the purchase price paid for a company over the fair market value of its identifiable assets and liabilities. Goodwill represents intangible assets such as brand reputation, customer relationships, and intellectual property