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 Terms: 9 Base, ECI, GIC, Guarantee, Policy, Policyholder, Performance, Portfolio, Return

Other Related Pages: Category: Retirement Starting With: P

Additional Related Terms: Allowance for depreciation, Average accounting return, Accrual of discount, Amortization of premium, All or any part, Accommodative monetary policy, Annual return, Add-on service, Abstract of title, As is