Garnishee: Person who owes a third party a debt which is attached by court order for the benefit of a judgment creditor.

Goodwill: Intangible business asset based on the good reputation of a business and resulting attraction and confidence of repeat customers and connections. Part of the sale price of a business may be for goodwill, in which case the seller may not solicit former customers for his new business.

Gross negligence: Act or omission in reckless disregard of the consequences for the safety or property of another more than simple carelessness or neglect. Gross negligence by an employee may justify summary dismissal.

Guarantor: Person who pledges collateral for another”s contract.