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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 MatchesUndertakings for Collective Investment in Tradable SecuritiesUndertakings for Collective Investment in Tradable SecuritiesUCITs are collective funds which can be sold across national borders within the EU in accordance with the 'Undertakings for Collective Investment in Tradable Securities' Directive. For UK investors, one of their significance attributes is they can be sheltered from tax within the Stocks and Shares component of an ISA. Target investment mixTarget investment mixThe percentage mix of stocks, bonds, and short-term reserves that an investor considers appropriate based on his/her personal objectives, time horizon, risk tolerance, and financial resources. Securities and Investments BoardSecurities and Investments BoardA private limited company formerly reporting to the Chancellor of the Exchequer with responsibility for the regulation of the UK investment market in accordance with the Financial Services Act 1986. It was replaced by the Financial Services Authority (FSA) in October 1997. Passive investment strategyPassive investment strategySee: Passive investment management. Investment valueInvestment valueApplies mainly to dealer securities. Fixed income value of a convertible, the price at which the convert would have to sell as a straight debt instrument relative to the yield of other bonds of like maturity, or size, and quality; represents a presumed floor to the bond, assuming the continued creditworthiness of the issuer and the general level of interest rates. Bond value. See: conversion value. Further SuggestionsReturn on investment (ROI)Diversified investment company Unit investment trust Unamortized premiums on investments Investment history Guaranteed investment contract (GIC) Portfolio investment Capital investment Income investment company Future investment opportunities open ended investment company Investment Company Institute (ICI) Statutory investment alternative investment Investment advisory service Foreign investment risk matrix (FIRM) Investment Company Act of 1940 Registered investment company Temporary investment Multilateral Investment Guarantee Agency (MIGA) local authority investment Association of Investment Trust Companies Independent investments Investment club Mutually exclusive investment decisions |
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