Guaranteed investment contract
	• Abbreviated GIC. A pure investment product in which a life company agrees, for a single premium, to pay the principal amount of a predetermined annual crediting (interest) rate over the life of the investment, all of which is paid at the maturity date.
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	Embedded terms in definition
	Gic Maturity date Maturity Premium Principal amount Principal
	Related Terms
	Association for investment management and research Balanced investment strategy Bullet contract Closed end investment company Closed end investment company or fund Contract Contract month Expected return on investment Floating rate contract Foreign direct investment Forward contract Forward forward contract Future investment opportunities Futures contract Futures contract equivalency Futures contract multiple Gmcs guaranteed mortgage certificates Guaranteed insurance contract Guaranteed investment interest contract Hell or high water contract Initial investment Investment account Investment adviser Investment analysts Investment bank Investment banker Investment club Investment company Investment decisions Investment flows Investment grade bonds Investment horizon Investment income Investment management Investment manager Investment opportunities schedule ios Investment product line ipml Investment quality Investment tax credit Investment trust Investment value Life of contract Local government investment pool lgip Most distant futures contract Mutually exclusive investment decisions Nearby contract Nearby futures contract Net investment Next futures contract Open end investment company Open ended investment company Optimal contract Options contract Options contract multiple Passive investment management Passive investment strategy Real estate investment trust Real estate mortgage investment conduit Red futures contract month Remic real estate mortgage investment conduit Return on investment Short term investment services Take or pay contract Turnkey construction contract Unit investment trust Window contract Zero investment portfolio

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