G Financial Terms

Garnishee Order

Legal

A court order (called an Emoluments Attachment Order in modern SA law) that tells your employer to deduct money from your salary to pay a debt. It's w...

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Grace Period

General

A window of time after a payment is due where you can still pay without getting smacked with penalties or being reported as late. Some credit cards gi...

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Gross Income

General

Your total earnings before tax and deductions — the number your employer and the government see. When lenders ask for 'gross income' on an application...

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Guarantor

Loans

A guarantor is a person who agrees to take legal responsibility for repaying someone else's debt if that person fails to meet their repayment obligati...

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