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Window contract

• A guaranteed investment contract purchased with deposits over some future designated time period (the window ), usually between 3 and 12 months. All deposits made are guaranteed the same credit rating. Related: bullet contract.

 
 Embedded terms in definition
 Bullet contract
Bullet
Contract
Credit
Future
Guaranteed investment contract
Rating
Time
 
 Related Terms
 

<< Will Winners's curse >>

Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

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