G-8

Definition:

G-8, the Group of Eight, is a meeting of finance ministers and was formed in 1997 when Russia joined the Group of Seven. The member countries of G-8 are Russia, Canada, France, Germany, Italy, Japan, United Kingdom, and United States.

Nearby Terms

G-20 G-7 G-8 GA GAAP

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Negative convexity

A bond characteristic such that the price appreciation will be less than the price depreciation for a large change in yield of a given number of basis points. For example, a fixed-rate mortgage may... Read More

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