A guaranteed investment contract purchased with a single (one-shot) premium. Related: Window contract.
Similar Matches
Bank Investment Contract (BIC)
Bank Investment Contract (BIC) Interest guaranteed by the bank in a
Interest over a specific time frame with
a specific Interest.
Cash settlement contracts
Cash settlement contracts Futures contracts such as stock index futures that settle for cash and do not involve delivery of the underlying.
Commodity futures contract
Commodity futures contract An agreement to buy a specific amount of a commodity at a specified price on a particular date in the future, allowing a producer to guarantee the price of a product or raw material used in production.