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Gearing - the ability to invest more than you own, normally by borrowing funds or using

Futures and Options Gearing is aggressive and carries high risks, as well as the potential

for high rewards.

Gilts - UK Government Bonds.

Grant of Probate - legal process that is part of the sorting out of a Will.

Gross (interest) - the amount of interest paid before tax.

Group Life - a life insurance policy that covers a lot of people. Mainly occurs where

employers set up life cover for their employees.

Group Pension - a type of pension scheme that covers a lot of people. Mainly occurs where employers set up pensions for their employees.

Guaranteed Bonds - an investment that offers a fixed rate of return for a period of time.