We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

GIC definition

GIC means a guaranteed investment contract or funding agreement or other similar agreement issued by an Account Party or any of its Subsidiaries that guarantees to a counterparty a rate of return on the invested capital over the life of such contract or agreement.
GIC means the Gas Industry Company Limited.
GIC means (a) any investment that has specifically negotiated withdrawal or reinvestment provisions and a specifically negotiated interest rate and (b) any agreement to supply investments on two or more future dates (e.g., a forward supply contract).

Examples of GIC in a sentence

  • The Recipient shall establish and maintain, throughout Project implementation, the GIC with composition, functions and responsibilities satisfactory to the Association, including, without limitation, the responsibility to support and monitor the progress of the Project.


More Definitions of GIC

GIC means Owap Investment Pte Ltd, together with its successors, transferees and permitted assigns.
GIC means a guaranteed investment contract or funding agreement or other similar agreement issued by an Obligor or any of its Subsidiaries that guarantees to a counterparty a rate of return on the invested capital over the life of such contract or agreement;
GIC means the guaranteed investment contract by and among the Guarantor, the GIC Provider, the Bond Trustee and the Cash Manager dated the Programme Date (as amended and/or restated and/or supplemented from time to time) and, if applicable, unless the context requires otherwise, shall include the Standby Guaranteed Investment Contract;
GIC means all or any of your Simplii Financial Guarantee Investment Certificates provided by CIBC. • “GIC account” refers specifically to your Simplii Financial GIC account which holds your GIC.