participating GIC

См. также в других словарях:

• 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. The New York Times Financial Glossary …   Financial and business terms

• 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. Bloomberg Financial Dictionary …   Financial and business terms

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