Dictionary of Procurement Terms

Welcome to the NIGP Online Dictionary of Procurement Terms, the comprehensive reference for public purchasing terms and concepts.

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Search Results: 1031-1040 of 2469 results

  • GAAP


    See Also: Generally Accepted Accounting Principals (GAAP)

  • Gain Sharing

    A team building and quality effort to achieve improvements by empowering employees to find creative ways to save dollars, improve profit, increase productivity and efficiency. Employees come together as a group or team and are rewarded if their efforts prove successful. Rewards may be monetary or non-monetary. (Business, 2002)

  • Gantt Chart

    A graphic scheduling device that displays the tasks to be performed on the vertical axis and the time required for each task on the horizontal axis. Gantt charts are the simplest of the various charting techniques for planning and controlling major projects and the materials deliveries that flow from them. (Burt, Dobler, & Starling, 2003)

  • GASB


    See Also: Governmental Accounting Standards Board (GASB)

  • Gatekeeper

    A role that contributes to the positive functioning of a group. A relations-oriented team role that encourages communication and participation from all team members; invites and clarifies ideas; and focuses on the assigned task.

  • GATT


    See Also: General Agreement on Tariffs and Trade (GATT)

  • GBL


    See Also: Government Bill of Lading (GBL)

  • GC


    See Also: General Contractor (GC)

  • GDP


    See Also: Gross Domestic Product (GDP)

  • General Agent

    An agent who has much broader powers and more latitude in using their own judgments to carry out duties assigned to them by their principals; they act on behalf of the principal on a continuous basis.

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