The financial definition for Bank Investment Contract (BIC):
Interest guaranteed by the bank in a
Interest over a specific time frame with
a specific Interest.
Similar Matches
Alternative investments
Alternative investments Refers to investments in hedge funds. Many hedge funds pursue strategies that are uncommon relative to mutual funds. Examples of alternative investment strategies are:
long-short equity, event driven, statistical arbitrage, fixed income arbitrage, convertible arbritage, short bias, global macro, and equity market neutral.