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 Matches

Investment bond

Investment bond

A 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 investment

Alternative investment

Investment in items other than stocks, bonds or other securities. Wine, art, antiques are examples.


Reinvestment risk

Reinvestment risk

The risk that proceeds received in the future may have to be reinvested at a lower potential interest rate.


Investment opportunity set

Investment opportunity set

The universe of choices as to investments available to an individual or corporation.


Recognised Investment Exchange

Recognised Investment Exchange

An investment exchange which meets the requirements for recognition under the Financial Services Act 1986 and is approved by the Financial Services Authority (FSA).


Further Suggestions

Personal Investment Authority
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Net investment income per share
Direct investment
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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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