Bullet contract

 

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Bullet contract

A guaranteed investment contract purchased with a single (one-shot) premium. Related: Window contract.



Bullet contract

Similar Matches

Guaranteed investment contract (GIC)

Guaranteed investment contract (GIC)

 A pure investment product in which a life company agrees, for a single premium, to pay at a maturity date the principal amount of a predetermined annual crediting (interest) rate over the life of the investment.


Contractual lien

Contractual lien

A voluntary obligation such as a mortgage or trust deed.


Oral contract

Oral contract

A contract not recorded on paper or on computer, buy made vocally which is usually enforceable.


Nexus (of contracts)

Nexus (of contracts)

A set or collection of something.


Conditional sales contracts

Conditional sales contracts

Similar to equipment trust certificates, except that the lender is either the equipment manufacturer or a bank or finance company to which the manufacturer has sold the conditional sales contract.


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