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What does MYG stand for?

MYG stands for Multi-Year Guarantee (finance)

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of MYG

Other Resources:
We have 3 other meanings of MYG in our Acronym Attic

Samples in periodicals archive:

Oxford Life Income Protector is a multi-year guarantee annuity, with an interest rate that is guaranteed for five years and varies based on the deposit amount.
The cooperation will provide new credit lines to GDF Suez at the corporate level, supporting the group's growth opportunities and other forms of credit support such as multi-year guarantees, performance bonds and letters of credit, amongst others.
FSA chief executive Hector Sants told the BBC's Andrew Marr show: "We have made absolutely clear that we do not expect multi-year guarantees to be paid.
A multi-year guarantee fixed annuity from Athene Annuity ranked fifth in sales in its category for the first quarter of 2012, according to the Beacon Research Fixed Annuity Premium Study, which tracks sales and product trends in the annuity industry.