Roughly speaking, resistance.
Transconductance refers to the reciprocal of the amplifying
device's internal resistance. The concept is particularly useful if
the device is a voltage-controlled current source (tube or FET). In
vacuum tube amplifiers, transconductance (Gm) is (u / Rp),
where...
u is the amplification factor. u= (Gm x Rp).
Rp is the anode (drain) resistance. Rp is the internal
resistance of the amplifying device.
Gfs is synonymous with Gm.
The reciprocal of Gm (or Gfs) is (Rp / u). Another term for this
reciprocal is transresistance.