Investment certificate

GUARANTEED INVESTMENT CERTIFICATE - An investment in which you deposit money, over a fixed period of ti...
GUARANTEED INVESTMENT CONTRACT (GIC) - A GIC (pronounced gick) is a promise to preserve your principal ...

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guarantee, and an absolutely safe investment.
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Investment Certificate
Certificate that evidences investment in a savings and loan association and states the dollar amount invested. The certificates do not involve shareholder responsibility nor do they have voting rights.
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Investment certificate
A document that serves as proof that an individual has an investment in a savings and loan association.

Investment certificate
Security documenting the holder's participation in the price performance of an underlying (e.g. a share or an index). See also " Certificate.
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investment certificate giving the holder the right to buy a specified number of common shares of stock at a stipulated price with no expiration date.
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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 Certificates (GICs)Expand/Collapse
A deposit instrument most commonly available from trust companies or banks requiring a minimum investment at a predetermined rate of interest for a stated term, i.e. one year, five years, etc.

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. The final return is the index gain plus averaging in the final year.

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 Certificate (GIC)
An interest-bearing deposit with a term usually from one to five years, although longer terms may be available.

Guaranteed investment certificates - A deposit instrument paying a predetermined rate of interest for a specified term, available from banks, trust companies and other financial institutions.

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Guaranteed investment certificates (GICs) - A deposit-type investment offered by banks, trust companies, and other financial institutions that pays a predetermined interest rate for a specified period.

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.

It offers Guaranteed Investment Certificates through independent deposit brokers. That means it does not get access to the "free" money sitting in chequing accounts that bigger banks get.

Canadian dollar savings accounts, guaranteed investment certificates, term deposits
shares of Canadian and foreign companies listed on a prescribed stock exchange
shares of some over-the-counter U.S. and Canadian companies ...

Guaranteed Investment Certificate
Guaranteed Investment Certificate
Guaranteed investment contract
Guaranteed investment contract
Guaranteed investment contract
Guaranteed Investment Contract - GIC
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Term Deposit: Similar to guaranteed investment certificate. An interest-paying investment under which the investor commits funds for a specified term at a specified rate of interest, usually 30, 60, 90 days and up to one year.

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.

Mutual Funds, Guaranteed Investment Certificate or Savings Account?

The market for short-term securities such as federal government treasury bills, short-term bonds, and guaranteed investment certificates with less than a three-year maturity.
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including aiding in the sale of securities, facilitating mergers and other corporate reorganizations, acting as brokers to both individual and institutional clients, and trading for their own accounts. See: Underwriters.
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The act also allowed S&Ls limited entry into some markets previously open only to commercial banks (commercial lending, nonmortgage consumer lending, trust services) and, in addition, permitted Mutual Associations to issue Investment Certificates.

See also: Saving, Banks, Expense, Bills, Savings account