HomeDefinitionsCompareDebt GICThe financial definition for GIC:See: Guaranteed Investment Contract Similar MatchesFuzzy LogicFuzzy LogicA system which mathematically models complex relationships which are usually handled in a vague manner by language. Under the title of "Fuzzy Logic" falls formal fuzzy logic (a multi-valued form of logic), and fuzzy sets. Fuzzy sets measure the similarity between an object and a group of objects. A member of a fuzzy set can belong to both the set, and its compliment. Fuzzy sets can more closely approximate human reasoning than traditional "crisp" sets. See: Crisp sets. 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. Participating GICParticipating GICA 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. Further SuggestionsStrategic allianceStrategic buyout Click to compare definitions of GIC Click to view definitions beginning gi |