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 Pre-Sold Issue:
- Examples An issue that is sold out before the coupon announcement participating gic definition.
- Definition Plowback Rate:
- Examples Related: Retention rate participating gic explain.
- Definition Power Of Attorney:
- Examples A written authorization allowing a person to perform certain acts on behalf of another, such as moving of assets between accounts or trading for a person's benefit participating gic what is.
- Definition Per Capita Debt:
- Examples The total bonded debt of a municipality divided by the population of the municipality participating gic meaning.
- Definition Piggybacking:
- Examples trading stocks, bonds or commodities in a personal account following a trade just made for a customer. The broker assumes that the customer is making the trade on valuable inside information. Illegal participating gic abbreviation.
