Participating GIC


 

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Participating GIC

A guaranteed investment contract whose policyholder is not guaranteed a crediting rate, but instead receives a return based on the actual experience of the portfolio managed by the life insurance company.



Participating GIC

Similar Matches

Participating plan

Participating plan

A with profits life assurance policy which participates in the bonuses of the company.


Non participating life insurance policy

Non participating life insurance policy

Life insurance which does not participate in the profits of the insurance fund.


Participating preferred stock

Participating preferred stock

Preferred stock which, in addition to paying a specified dividend, entitles preferred stockholders to participate with holders of common stock in receiving any additional dividends.


Nonparticipating life insurance policy

Nonparticipating life insurance policy

Life insurance policy whose policyholders do not receive dividends, because they are not participants in the interest, dividends, and capital gains earned by the insurer on premiums paid.


Participating buyer or seller

Participating buyer or seller

Used for listed equity securities. (1) Customer willing to bu../../finance-glossary/sell in line with market. (2) Buyer/seller who goes along with another buyer/seller in a percentage order.


Further Suggestions

Participating fees
Market order go along or participating
participating preference shares
Participating dividend
Participating preferred stock
participating life insurance


 
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