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Guaranteed bond |
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Guaranteed bondA type of bond for which a firm other than the issuer guarantees its interest and principal payments.Guaranteed bond Similar MatchesGuaranteed insurance contractGuaranteed insurance contractA contract promising a stated nominal interest rate over some specific time period, usually several years. Guaranteed sum assuredGuaranteed sum assuredA term used by some life companies which refers to the minimum sum payable by a life policy either on the death of the life assured or on maturity. Guaranteed minimum pensionGuaranteed minimum pensionThe minimum pension payable by a pension scheme in order that members may contract out of S2P (State Second Pension). Guaranteed trustGuaranteed trustSome unit trusts offer a floor price and guarantee their bid price will not be allowed to fall below that level. They also 'lock in' any growth achieved every few months.From an investor's point of view, this guarantee provides reassurance about the value of their investment. Even if the value of the trust's assets falls well below the floor, the bid price (the amount that an investor can sell his units for) will remain at the guaranteed level. Guaranteed growth bondGuaranteed growth bondA bond in which a single premium secures a guaranteed amount at its maturity date. Further Suggestionsguaranteed minimum periodGuaranteed replacement cost coverage insurance Guaranteed renewable policy insurance guaranteed renewable policy guaranteed death benefit Guaranteed death benefit Guaranteed investment contract (GIC) Guaranteed Mortgage Certificates (GMC) Guaranteed insurability guaranteed income bond |
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