Gross Margin
Revenue minus the direct cost of delivering it, expressed as a percentage.
Why it matters: Lifetime value calculated on revenue rather than gross margin flatters every business that has ever built a model.
Run the cac & ltv →10 terms
Dictionary — G
Gross Margin, Gross Settlement, Garnishment, Grace Period and more. Each definition explains what the term means and why it changes a number.
Gross Settlement
The headline figure agreed before fees, costs and liens are deducted.
Why it matters: Comparing gross figures between offers is meaningless; the net-to-gross ratio is what matters.
Run the attorney fee & net recovery →Garnishment
A court-ordered deduction taken directly from wages or a bank account to satisfy a debt.
Why it matters: It is the end point of ignored debt, and it usually arrives with no further negotiation available.
Run the debt consolidation →Grace Period
The window between a statement closing and payment being due, during which no interest accrues on new purchases.
Why it matters: Carrying any balance typically forfeits it, so interest starts from the purchase date.
Run the credit card payoff →Guaranteed Issue
Cover that must be offered without medical underwriting, usually at a higher price.
Why it matters: It exists for people who cannot pass underwriting, and the premium reflects exactly that.
Run the life insurance needs →Gap Insurance
Coverage paying the difference between a vehicle's value and the loan balance after a total loss.
Why it matters: Long loan terms create exactly the gap this covers, which is why the two decisions are linked.
Run the total loss settlement →General Contractor
The party responsible for coordinating a construction project and its subcontractors.
Why it matters: On a site injury they are frequently the most substantial third-party defendant available.
Run the construction accident claim →Good Faith Estimate
A lender's early estimate of settlement costs, now largely replaced by the Loan Estimate.
Why it matters: Standardised formats exist so quotes can be compared line by line rather than by headline rate.
Run the closing cost →Gross Negligence
Conduct showing reckless disregard rather than ordinary carelessness.
Why it matters: It can unlock punitive damages and defeat contractual liability waivers.
Run the drunk driving accident claim →Guaranteed Period
A minimum payment term on an annuity, paid to the estate if the annuitant dies early.
Why it matters: It reduces income slightly in exchange for removing the risk of paying in and dying immediately.
Run the annuity income →Estimates, not advice. Every figure here is produced from the inputs you enter and the formula printed on the page. Rules differ by state, carrier, lender and contract, so use these numbers to prepare for a conversation with a qualified professional rather than to replace one. See our full disclaimer.