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Origin of goog
Words nearby goog
ABOUT THIS WORD
What else does goog mean?
GOOG is one of the ticker symbols under which Alphabet, Google’s parent company, trades on the public market.
Goog can also be shorthand for Google more generally, especially its search engine.
Where does goog come from?
Google was started in 1998 by Larry Page and Sergey Brin. The original goal of the company was to create a search engine for a quickly growing internet. The first shares of the company were privately held, meaning they weren’t traded on the open stock market.
In April 2003, as Google planned to go public (i.e., being traded publicly), the shares were split into two classes. One class of shares has voting rights, meaning they can vote to control the direction of the company. The other does not have voting rights. This split was done largely so that founders Page and Brin could retain more control of the company.
When Google went public in August 2004 with an initial public offering (IPO), it was traded under two ticker tags—GOOG and GOOGL. The GOOG shares do not have voting rights, while GOOGL shares do. These shares are included on the major market indices, the S&P 500 and the NASDAQ-100.
In October 2015, Google was restructured to reflect the growing number of services the company provided. It became incorporated into a parent company Alphabet Inc. Under the restructuring, the ticker tags, GOOG and GOOGL remained the same.
Naturally, Goog (and its variants, like Le Goog) has also become simple shorthand for Google, generally speaking.
How is goog used in real life?
GOOG, being a stock ticker symbol, is found largely in the world of finance and stock trading. The GOOG stock price has been historically a safe bet for most of the 2010s, with its price rising consistently over the past decade with the success of the company.
In business news, the name of the company is often associated with the stock ticker symbol under which it is traded in parentheses next to it, e.g., “Google (GOOG, GOOGL) is a safe investment.”
Unfortunately, as with anything in the stock market, past performance isn’t always a predictor of future success, GOOG included.
— 📈chartseer📉 (@chartseer) December 20, 2018
Goog can also be used as a shorthand on social media for Google more generally.
Goog is too clever pic.twitter.com/iS7s7wGerx
— neil lefevre (@neilclefevre) December 20, 2018
Goog is also sometimes a misspelling, intentional or otherwise, of good.
More examples of goog:
“Google (GOOG, GOOGL) contract and temp workers sign an open letter asking for more benefits, equal wages, and access to staff discussions.”
—Brandy Betz, Seeking Alpha, December 2018
This content is not meant to be a formal definition of this term. Rather, it is an informal summary that seeks to provide supplemental information and context important to know or keep in mind about the term’s history, meaning, and usage.