Meaning 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
More terms such as Participating GIC in Dictionary P.
- Definition Productivity:
- Examples The amount of output per unit of input, such as the quantity of a product produced per hour of capital employed participating gic definition.
- Definition Participating Life Insurance Policies:
- Examples Life insurance that pays dividends to policyholders depending on the company's success as provided by few claims and profitable underwritings and investments participating gic explain.
- Definition Price Risk:
- Examples value of a security (or a portfolio) will decline in the future. Or, a type of mortgage pipeline risk created in the production segment when loan terms are set for the borrower in advance of setting participating gic what is.
- Definition Participation Loan:
- Examples A large loan made by a group of lenders, that enables a borrower to obtain financing above the legal lending limit of an individual lender participating gic meaning.
- Definition Payables:
- Examples Related: Accounts payable participating gic abbreviation.
