Glossary
G
Garnishee Order
A garnishee order is a common form of enforcing a judgment debt against a creditor to recover money.
Going Concern
Going Concern relates to a business that is operating and making a profit and has the resources to continue operating.
Goodwill
Goodwill is an intangible asset that represents non-physical items that add to a company’s value. Goodwill is usually associated with a business acquisition.
Gross Margin
Gross margin is the difference between revenue and cost of goods sold (COGS) divided by revenue. Gross margin is expressed as a percentage.
Gross Profit
Gross profit is the difference between revenue and cost of goods sold (COGS).
