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: 61-70 of 70 results for “G”
  • Gross Negligence

    Actions that display a complete disregard for life or safety. A deliberate indifference to the rights of others. A failure to act in a prudent manner or to take reasonable precaution. (Harney, 1992)
  • Gross Weight

    Weight of an item including the container and the packing materials.
  • Group Purchasing Organization (GPO)

    An organization created by groups of purchasers in related areas of endeavor who come together and form a purchasing consortium to achieve aggregated volume, thus achieving economies of scale. Hospitals, universities, school districts, and airports are examples of GPO groups.
  • Groupthink

    A phenomenon that occurs during decision making or problem solving when a team’s desire to reach an agreement overrides its ability to appraise the problem properly. (Business, 2002)
  • Groupware

    Software designed to facilitate collective working by a number of different users. Also known as collaborative software. (Oxford Dictionaries )
  • Growth Rate

    Percentage change in real output from one period to another. (Schiller, 2000)
  • GS1 US BarCodes

    GS1 US serves more than 2 million businesses in 25 industries in the United States by facilitating industry initiatives, administering the GS1 System of standards, providing education and support, and connecting communities through events and online forums. (GS1 US, 2015)
  • GSIN

  • GST

  • Guarantee

    To warrant or insure performance or quality. A warranty. A written assurance attesting to the quality or durability of a product.
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