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 (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).
GIC means the Gas Industry Company Limited.
Examples of GIC in a sentence
Unless otherwise agreed in writing by the Bank, the Bank will automatically renew any GIC or other investment on maturity and on each succeeding maturity date for the term originally or most recently instructed by the Customer.
If payable, interest will be credited to an Account in accordance with the type of GIC or other deposit held in the Account, and on the termination of the Account.
The withdrawal of trust funds in an investment, and the cancellation of a GIC or other investment prior to its maturity, is subject to the terms of the investment or the Bank’s discretion.
More Definitions of GIC
GIC means Owap Investment Pte Ltd, together with its successors, transferees and permitted assigns.
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 Guaranteed Investment Certificate.
GIC. A guaranteed investment contract or surety bond.
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.
GIC means Filbert Investment Pte Ltd.
GIC means the Government of Singapore Investment Corporation Pte Ltd.