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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 Matches

Market order go along or participating

Market order go along or participating
Used for listed equity securities. See: Percentage order.


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 dividend
Participating fees
Participating preferred stock


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Participating GIC
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