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What does GIC stand for?

GIC stands for Guaranteed Investment Certificate

This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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We have 185 other meanings of GIC in our Acronym Attic

Samples in periodicals archive:

He outlines principles that can be applied at any time, in any investment cycle, and at any age, and examines the bond market, what it is, how it functions, the various individual products, and how to use the market profitably, as well as key strategies, how to find and choose an investment advisor, the mathematics of bonds, the concept of duration, how to forecast interest rates, bonds for the speculator, retirement planning, reinvestment risk, bond mutual funds, and guaranteed investment certificates (GICs) vs.
To celebrate the opening of our new branch, between October 22 and November 30, we are happy to offer customers who invest USD10,000 into a one to five year Guaranteed Investment Certificate (GIC) a complimentary USD108 towards their principal investment,' said Nancy Chiu, branch manager, BMO Bank of Montreal.
Ally will offer a variety of online savings products, including a range of Guaranteed Investment Certificates (GICs), a true 12-Month No Penalty GIC option, and high interest savings accounts - all of which are available either as traditional saving products or tax-free savings accounts.
The ratings are based upon the capital structure of the transaction, the quality of the collateral, the guaranteed investment certificate (GIC) account, and the overcollateralization coverage tests provided for within the indenture.