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Guaranteed investment contract (GIC)
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Guaranteed investment contract (GIC)Insurance contracts that guarantee the owner principal repayment and a fixed or floating interest rate for a predetermined period of time.
RELATED TERMS--------------------------------------
Insurance
A contract in which payment of premiums covers the insured against something which may, or may not occur.
Guarantee
The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations.
Principal
The amount of a loan, which the borrower has to pay back when the loan matures; a person who engages a broker to buy and sell for him.
Repayment
Partial settlement of a debt (perhaps at monthly or quarterly intervals).
Floating
Used for exchange rates, interest rates, etc.; able to change according to supply and demand.
Interest
The amount of money a lender loans a borrower to pay for using the borrower's principal.
SIMILAR TERMS--------------------------------------
Guarantee
The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations.
Guarantee fee
A sum paid by the importer to the guarantor, usually as a percentage per annum of the face value of the bills or notes being guaranteed.
Guarantee funds
Guaranteed funds are issued by the leading UK institutions (all S&P rated) via their offshore arms and are available only to offshore investors, providing a contractual guarantee of principal plus a lock-on of income earned, and have yielded solid double digit returns consistently.
Guarantee letter
A commercial bank's letter assuring payment of the exercise price of a client's put option.
Guaranteed bond
A type of bond in which the interest and principal on the bond are guaranteed to be paid by a firm other than the issuer of the bond.
Guaranteed insurability
A life and health insurance policy feature that enables the insured to add coverage at future times and at fixed and agreed-upon rates regardless of health conditions.
Guaranteed insurance contract
A contract promising a stated nominal interest rate over some specific time period, usually several years.
Guaranteed mortgage certificates (GMC)
First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac.
Guaranteed renewable policy insurance
A type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes.
Guaranteed replacement cost coverage insurance
A policy that covers the full cost of replacing damaged property without any allowances or deductions.
Guaranteeing- Avalising Bank
The person, bank, or financial entity who gives the guarantee for the importer.
Guarantor
A person who guarantees to pay for someone else's debt if he or she should default on a loan obligation.
Guarantor program
Under the Freddie Mac program, the aggregation by a single issuer (usually an S&L) for the purpose of forming a qualifying pool to be issued as PCs under the Freddie Mac guarantee.
Guaranty Bank
A United States bank with head office in Milwaukee, WI.|WI|||
Guardian
An individual or trust institution appointed by a court to care for a minor or an incompetent person and his or her property.
Guardian Capital Group
Guardian Capital Group is one of Canada's largest companies.
GUARDIAN Credit Union
GUARDIAN is a credit union with head office in PORTSMOUTH, VA
GUARDIAN FIRST Credit Union
GUARDIAN FIRST is a credit union with head office in FORT WORTH, TX
PREVIOUS AND NEXT TERMS--------------------------------------
Guarantee funds
Guaranteed funds are issued by the leading UK institutions (all S&P rated) via their offshore arms and are available only to offshore investors, providing a contractual guarantee of principal plus a lock-on of income earned, and have yielded solid double digit returns consistently.
Guarantee letter
A commercial bank's letter assuring payment of the exercise price of a client's put option.
Guaranteed bond
A type of bond in which the interest and principal on the bond are guaranteed to be paid by a firm other than the issuer of the bond.
Guaranteed insurability
A life and health insurance policy feature that enables the insured to add coverage at future times and at fixed and agreed-upon rates regardless of health conditions.
Guaranteed insurance contract
A contract promising a stated nominal interest rate over some specific time period, usually several years.
Guaranteed investment contract (GIC)
Guaranteed mortgage certificates (GMC)
First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac.
Guaranteed renewable policy insurance
A type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes.
Guaranteed replacement cost coverage insurance
A policy that covers the full cost of replacing damaged property without any allowances or deductions.
Guaranteeing- Avalising Bank
The person, bank, or financial entity who gives the guarantee for the importer.
Guarantor
A person who guarantees to pay for someone else's debt if he or she should default on a loan obligation.
RELATED TERMS--------------------------------------
Insurance
A contract in which payment of premiums covers the insured against something which may, or may not occur.
Guarantee
The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations.
Principal
The amount of a loan, which the borrower has to pay back when the loan matures; a person who engages a broker to buy and sell for him.
Repayment
Partial settlement of a debt (perhaps at monthly or quarterly intervals).
Floating
Used for exchange rates, interest rates, etc.; able to change according to supply and demand.
Interest
The amount of money a lender loans a borrower to pay for using the borrower's principal.
SIMILAR TERMS--------------------------------------
Guarantee
The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations.
Guarantee fee
A sum paid by the importer to the guarantor, usually as a percentage per annum of the face value of the bills or notes being guaranteed.
Guarantee funds
Guaranteed funds are issued by the leading UK institutions (all S&P rated) via their offshore arms and are available only to offshore investors, providing a contractual guarantee of principal plus a lock-on of income earned, and have yielded solid double digit returns consistently.
Guarantee letter
A commercial bank's letter assuring payment of the exercise price of a client's put option.
Guaranteed bond
A type of bond in which the interest and principal on the bond are guaranteed to be paid by a firm other than the issuer of the bond.
Guaranteed insurability
A life and health insurance policy feature that enables the insured to add coverage at future times and at fixed and agreed-upon rates regardless of health conditions.
Guaranteed insurance contract
A contract promising a stated nominal interest rate over some specific time period, usually several years.
Guaranteed mortgage certificates (GMC)
First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac.
Guaranteed renewable policy insurance
A type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes.
Guaranteed replacement cost coverage insurance
A policy that covers the full cost of replacing damaged property without any allowances or deductions.
Guaranteeing- Avalising Bank
The person, bank, or financial entity who gives the guarantee for the importer.
Guarantor
A person who guarantees to pay for someone else's debt if he or she should default on a loan obligation.
Guarantor program
Under the Freddie Mac program, the aggregation by a single issuer (usually an S&L) for the purpose of forming a qualifying pool to be issued as PCs under the Freddie Mac guarantee.
Guaranty Bank
A United States bank with head office in Milwaukee, WI.|WI|||
Guardian
An individual or trust institution appointed by a court to care for a minor or an incompetent person and his or her property.
Guardian Capital Group
Guardian Capital Group is one of Canada's largest companies.
GUARDIAN Credit Union
GUARDIAN is a credit union with head office in PORTSMOUTH, VA
GUARDIAN FIRST Credit Union
GUARDIAN FIRST is a credit union with head office in FORT WORTH, TX
PREVIOUS AND NEXT TERMS--------------------------------------
Guarantee funds
Guaranteed funds are issued by the leading UK institutions (all S&P rated) via their offshore arms and are available only to offshore investors, providing a contractual guarantee of principal plus a lock-on of income earned, and have yielded solid double digit returns consistently.
Guarantee letter
A commercial bank's letter assuring payment of the exercise price of a client's put option.
Guaranteed bond
A type of bond in which the interest and principal on the bond are guaranteed to be paid by a firm other than the issuer of the bond.
Guaranteed insurability
A life and health insurance policy feature that enables the insured to add coverage at future times and at fixed and agreed-upon rates regardless of health conditions.
Guaranteed insurance contract
A contract promising a stated nominal interest rate over some specific time period, usually several years.
Guaranteed investment contract (GIC)
Guaranteed mortgage certificates (GMC)
First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac.
Guaranteed renewable policy insurance
A type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes.
Guaranteed replacement cost coverage insurance
A policy that covers the full cost of replacing damaged property without any allowances or deductions.
Guaranteeing- Avalising Bank
The person, bank, or financial entity who gives the guarantee for the importer.
Guarantor
A person who guarantees to pay for someone else's debt if he or she should default on a loan obligation.
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This dictionary contains 24549 terms.
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