GIC
Guaranteed Investment Contract. An investment contract that has either interest or principal or both guaranteed. Major types of GICs include:
Bullet Contract
A guaranteed investment contract purchased with a single (one-shot) premium.
GIC
A GIC or Guaranteed Investment Contract promises at least a certain minimum return on an investment.
See also: Bullet GIC, Term Deposit, T-Bill
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Guaranteed Investment Contract (GIC)
institutional investment sold by life insurance companies that guarantees principal and offers withdrawal flexibility.
GIC
See: Guaranteed Investment Contract
GL
The two-character ISO 3166 country code for GREENLAND.
GIC - See: Guaranteed Investment Contract
GIFT - In the context of mortgage banking, a gift is a bestowal of money that does not have to be repai...
GIC accounts are also available but this locks in your money
Very low interest but it beats the interest on money market funds or on your brokerage account cash and is CDIC insured to $100,000.
A GIC is an investment that gives you a guaranteed rate of return over a fixed period of time, usually between 30 days and 5 years. GICs are available from banks, trust companies, and other financial institutions.
pre-authorized direct deposit ...
A GIC (pronounced gick) is a promise to preserve your principal and to provide a fixed rate of return when you begin to withdraw from the contract, typically after you retire.
A GIC is a guaranteed investment certificate. GICs are interest-bearing investments which can be short or long term. Funds are normally locked in until the maturity date, although some GICs have the option of cashing in early.
Participating GIC
A guaranteed investment contract whose policyholder is not guaranteed a crediting rate, but instead receives a return based on the actual experience of the portfolio managed by the life insurance company.
Index-Linked GIC:
A Guaranteed Investment certificate that pays no interest but the return on the investment is linked to the stock market. Some link the return to the TSE 35 or TSE 100.
You can invest in a GIC through a salary reduction plan, such as a 401(k) or 403(b) sponsored by your employer, provided that investment option is offered.
participating GIC A type of GIC in which the policyholder is not guaranteed a specific return,... participating insurance An insurance policy that pays a dividend to its holder.
Parity value Related:conversion value Participating GIC A guaranteed investment contract where the policyholder is not guaranteed a crediting rate, ...
Guaranteed Insurance Contracts (GIC) Contracts issued by an insurance company or bank promising a stated nominal interest rate over a specified period of time. Return to top
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The sponsors, mainly FINANCIAL INSTITUTIONS, include IDBI, GIC and LIC with IDBI playing the lead role.
Government Of Singapore Investment Corporation - GIC
A government-owned company assigned to manage Singapore's sovereign wealth fund.
Guaranteed Investment Certificate (GIC)
An interest-bearing deposit with a term usually from one to five years, although longer terms may be available.
Escalator Guaranteed Investment Certificates (GIC): A type of debt security sold to individuals by banks and trust companies. They usually cannot be cashed before the specified redemption date, and pay interest at a fixed rate.
Guaranteed investment (interest) contract (GIC):
Debt instrument sold in large denominations issued by Insurance Companies and often bought for retirement plans.
Guaranteed investment contract (GIC)
A pure investment product in which a life company agrees, for a single premium, to pay the principal amount of a predetermined annual crediting (interest) rate over the life of the investment, ...
Similar financial terms
Participating GIC
A guaranteed investment contract where the policyholder is not guaranteed a crediting rate, but instead receives a return based on the actual experience of the portfolio managed by the life company.
Guaranteed Investment Contract (GIC)
An investment which pays investors a stated rate of return over the term of the contract. Economically the same as a Flexible Repurchase Agreement, but different legally.
Guaranteed Investment Contract (GIC): A fixed-income investment offered in many tax-deferred employer retirement plans that guarantees a specific rate of return for a specific time period.
Guaranteed investment certificate (GIC)
Security issued by most financial institutions stating that a specific amount was invested at a specified interest rate for a stated term.
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Guaranteed Investment Certificate (GIC)
A deposit instrument most commonly available from trust companies, requiring a minimum investment at a predetermined rate of interest for a stated term.
Guaranteed Income Contract (GIC) (business term)
Yield to Average Life (business term)
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The pioneer SWF was, in many ways, Singapore's GIC. It is large was one of the first government owned portfolio investment funds.
guaranteed investment contract (GIC): Investment instruments issued by insurance companies to large investors such as pension funds with guaranteed principal and interest from one to five years.
Term - The period of time during which a loan is repaid, or the length of time an investment such as a GIC is held.
Term deposit - An investment product in which you deposit a fixed sum of money for a set period of time and are paid interest.
The portion of total fees in a syndicated credit that go to the participating banks.
Participating GIC ...
guaranteed investment contract (GIC) An agreement between an insurance company and a corporate profit-sharing or pension plan that guarantees a specific rate of return over the time span of the agreement.
 See also: Expense, Banks, Funding, Compensation, Values
  
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