answersLogoWhite

0

Guaranteed Investment Contract. Debt instrument issued by an insurance company, usually in a large denomination, and often bought for retirement plans. The interest rate paid is guaranteed, but the principal is not. also called guaranteed interest contract.

Read more: http://www.investorwords.com/2170/GIC.html#ixzz1l1T6HnC1

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

What is a GIC?

GIC : Grand Invalide Civil


What is Gic's population?

The population of Gic is 505.


What is the area of Gic?

The area of Gic is 19.68 square kilometers.


What is a bank gic?

A Bank GIC is a guaranteed Investment Certificate.


When did GIC-Mixon Motorsports end?

GIC-Mixon Motorsports ended in 2005.


When was GIC-Mixon Motorsports created?

GIC-Mixon Motorsports was created in 2002.


What are some going GIC rates?

There are many rates available with GIC. One can get an annual rate of 1.3% over a period of 1 to 1.5 years. Over 10 years it rises to 2.3%. There is a full list on the RBC Royal Bank website.


What is the population density of Gic?

The population density of Gic is 25.66 people per square kilometer.


Why gic colour changes when mixed with steel spatula?

The color change observed when mixing GIC with a steel spatula is due to a chemical reaction between the glass ionomer cement (GIC) and the steel spatula. The metal ions from the spatula can react with the components of the GIC, causing a discoloration or a gray streaking effect. This reaction can compromise the setting properties and aesthetics of the GIC mixture. It is recommended to use non-metallic instruments when handling GIC to avoid such color changes.


Can I withdraw funds early from my GIC?

no


What is syllables in logic?

lo gic


Which material is used for making mixing pad of GIC?

The mixing pad for Glass Ionomer Cement (GIC) is typically made of a plastic material such as polyethylene or coated paper that is non-reactive with the cement to prevent any unwanted interactions that could affect the setting properties of the GIC.