Glossary Of Terms

On this page, you will find short descriptions and meaning on some of the most commonly used terms when trading in Forex. We hope this will help give you a better understanding and you can always refer back to this glossary for terminology that you don't understand.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

G

G Seven (G7) - The seven leading industrial countries in the world including United States, Japan, Germany, United Kingdom, France, Italy and Canada.

Global Trading - Defines all the trades that are happening between different countries.

Gross Domestic Product - The total value of the country's output and income produced within the border of the country.

Going Long - Refers to the buying of a currency, stock, instrument or commodity as an investment.

Gross National Product - The total income from gross domestic product including investments and trades that are coming from overseas.

Going Short - Refers to the selling of a currency, stock, or commodity where the seller doesn't actually own the instrument.

Gross Profit - The profit earned without deducting any expenses.

GTC (Good Till Cancelled) - An order to buy or sell at a pre-defined rate and will remain active until the trader decides to cancell.