Hi Rick,

The chord is called a major or minor chord with a suspended fourth. You can also have a major chord with a suspended second. Suspension indicates "resolution" so that the suspended fourth usually resolves to the third of the chord. The labeling of the chord has to do with it's resolution. IE: If it is a G minor suspended fourth, it resolves to a G minor chord. If it's an F# Major suspended 4, it resolves to an F# Major. It is usually written Gm(sus4) or F#(sus4).

It should not be confused however with an 11th chord which not only contains the fourth degree of the scale but the ninth as well to define it.

Frank