Meaning GLASS-STEAGALL ACT: 1933 legislation prohibiting commercial banks to own, underwrite, or deal in corporate stock and corporate bonds
More terms such as Glass-Steagall Act in Dictionary G.
- Definition Guaranteed Replacement Cost Coverage Insurance:
- Examples A policy that covers the full cost of replacing damaged property without any allowances or deductions, e.g., depreciation glass-steagall act definition.
- Definition Gross Profit Margin:
- Examples Gross profit divided by sales, which is equal to each sales dollar left over after paying for the cost of goods sold glass-steagall act explain.
- Definition Group Insurance:
- Examples Insurance coverage for a group, which can usually be obtained at a cheaper rate than insurance for an individual glass-steagall act what is.
- Definition Gold Mutual Fund:
- Examples A mutual fund that primarily invests in gold-mining companies' stock glass-steagall act meaning.
- Definition Goal:
- Examples An individual's or institution's financial objective glass-steagall act abbreviation.
