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 (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

  • For group products, including group annuity, group funding agreement, and synthetic GIC policy forms, a completed summary sheet must be included with the submission regardless of the submission method.

  • As of December 31, 2023, 1.7% of the endowment was invested in companies categorized as Aerospace C Defense businesses as defined by Global Industry Classification (GIC) codes, a broadly accepted standard1.


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 Filbert Investment Pte Ltd.
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.