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Bank Investment Contract (BIC) |
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Bank Investment Contract (BIC)Interest guaranteed by the bank in a Interest over a specific time frame with a specific Interest.Bank Investment Contract (BIC) Similar MatchesInvestment bondInvestment bondA unit linked single premium whole life assurance policy. Part of the premium gives life cover whilst the balance is invested in unitised funds. Under certain circumstances, since the bond is a life policy, certain tax advantages may be enjoyed. For example if the capital and annual interest are reinvested in full, there is no immediate liability to higher rate tax. If the proceeds of the bond are subsequently taken when a former higher rate taxpayer has become a basic rate payer, there is no higher rate tax liability. Alternative investmentAlternative investmentInvestment in items other than stocks, bonds or other securities. Wine, art, antiques are examples. Reinvestment riskReinvestment riskThe risk that proceeds received in the future may have to be reinvested at a lower potential interest rate. Investment opportunity setInvestment opportunity setThe universe of choices as to investments available to an individual or corporation. Recognised Investment ExchangeRecognised Investment ExchangeAn investment exchange which meets the requirements for recognition under the Financial Services Act 1986 and is approved by the Financial Services Authority (FSA). Further SuggestionsPersonal Investment AuthorityTarget investment mix Capital investment Net investment income per share Direct investment Investment manager Undertakings for Collective Investment in Tradable Securities Foreign investment risk matrix (FIRM) Investment Valuation Model (IVM) Investment software Investment management investment trust Guaranteed investment contract (GIC) Foreign investment argument for protection Investment Alternative Investment Market Diversified investment company Municipal Investment Trust (MIT) investment club ethical investment Investment letter investment Alternative investments Investment climate Investment Management Regulatory Organisation |
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