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Participating GIC
The financial definition for 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.
Similar MatchesMarket order go along or participatingMarket order go along or participating Used for listed equity securities. See: Percentage order.
Nonparticipating life insurance policyNonparticipating 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 sellerParticipating 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 dividend
Participating fees
Participating preferred stock
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