GMAB


Also found in: Acronyms.

GMAB

An abbreviation for "give me a break," a scoffing retort to something that seems unbelievable or ridiculous. You, the night owl, are getting up at 6 AM tomorrow? GMAB!

Give me a break!

 and Gimme a break! 
1. Inf. Don't be so harsh to me!; Give me another chance! I'm sorry! I'll do better! Give me a break! I was only late once! Give me a break!
2. Inf. That is enough, you're bothering me!; Stop it! Do you have to go on and on? Give me a break! Give me a break, you guys! That's enough of your bickering!
3. Inf. I don't believe you!; You don't expect anyone to believe that! You say a gorilla is loose in the city? Gimme a break! Tom said he was late again because the back stairs caved in. His boss said, "Gimme a break!"
See also: give

give me a break!

used to express contemptuous disagreement or disbelief about something that has been said.
See also: give

give me a ˈbreak!

(spoken) used when somebody wants somebody else to stop doing or saying something that is annoying, or to stop saying something that is not true: I didn’t mean it like that, so give me a break!
See also: give

Give me a break!

and Gimme a break!
1. exclam. That is enough!; Stop it! Do you have to go on and on? Give me a break!
2. exclam. Don’t be so harsh!; Give me a chance! I’m sorry! I’ll do better! Give me a break!
3. and GMAB exclam. & comp. abb. I don’t believe it!; You don’t really think I believe that! Come on, GMAB! How dumb do you think I am!
See also: give

GMAB

verb
References in periodicals archive ?
This behavior has practical implications for our contracts, especially for the GMAB as developed in the "Hedging Using the Underlying Asset" section.
Because the Japanese tend to be rather risk averse, they highly value investment guarantees in their variable annuities; usually a GMAB (in some cases an income guarantee) is combined with a GMDB.
Given that they already hold a significant amount of participant deposits, consideration should be given to having these funds incorporate annuities with GMAB.
Those products offering GMAB and GMIB benefits would have an "option like" payout at t = K as well.
2007 VA GLB Election and Availability Rates Elected Available GMAB 6% 48% GMIB 34% 62% GMWB 12% 64% GLWB 44% 91% Hybrid 24% 8% Note: Table made from bar graph.
This compares with 40% and 37%, respectively, for the GMIB and GMAB riders.
35%, respectively, of initial premium a year, with a minimum cumulative benefit of 105% of initial premium): the Lifetime GMWB, and the Lifetime GMWB for two (extends the GMAB to the surviving spouse).
401(k) plan sponsors could add a VA option to their plans that ties asset allocation to a GMAB (guaranteed minimum accumulation benefit) with rollups, says Denning.
The Equitable Accumulator products offer maximum anniversary value, rising floor and earnings enhancement death benefits in addition to GMIB, GMAB and guaranteed minimum withdrawal benefit.