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participating GIC

A GIC in which the policyholder is not guaranteed a specific return, but instead receives a return based on the performance of the portfolio.

Related information about participating GIC:
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    Participating GIC: read the definition of Participating GIC and 8000+ other financial and investing terms in the NASDAQ.com Financial Glossary.
     
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    However, if interest rates are expected to rise in the future, it may instead be preferable to invest in a participating GIC, so as to benefit from the expected rise in ...
     
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    Participating GIC. A guaranteed investment contract whose policyholder is not guaranteed a crediting rate, but instead receives a return based on the actual ...
     
  6. GIC - Financial Dictionary - The Free Dictionary
    Participating GIC. The ratings on GIC are constrained by high loan-to-value (LTV) ratios, strong reliance on short-term funding, rather high risks in its project ...
     
  7. SPP PROGRAM - Success Overseas
    This requirement is fulfilled through the purchase of a participating GIC, and evidence that you have paid your tuition. At present, Scotia bank is the only ...
     
  8. * GIC - (Business): Definition
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