Generic Certificates

Business / Agriculture / Generic Certificates: Commodity certificates used by the CCC in the 1980s to meet payment obligations and simultaneously dispose of commodity inventories.

Grading Certificates

Business / Agriculture / Grading Certificates: A formal document setting forth the quality of a commodity as determined by authorized inspectors or graders. MORE

Generic Substitution

Health / Health Insurance / Generic Substitution: The dispensing of a drug that is the generic equivalent of a drug listed on a pharmacy benefit management plan's formulary. In most cases, generic substitution can be performed without physician appro MORE

Guaranteed Mortgage Certificates (GMC)

Business / Finance / Guaranteed Mortgage Certificates (GMC): A pure investment product in which a life company agrees, for a single premium, to pay at a maturity date the principal amount of a predetermined annual crediting (interest) rate over the life of the MORE

Participation Certificates

Business / Real Estate / Participation Certificates: Certificates issued by Freddie Mac backed by pools of mortgages. MORE

Semi-Generic

Life Style / Wine / Semi-Generic: Wines made in the United States but named after places that the Alcohol and Tobacco Tax and Trade Bureau requires be modified by a US name of geographic origin. Examples would be New York Chablis, Nap MORE

Participation Certificates (PC)

Business / Finance / Participation Certificates (PC): Used in the context of general equities. Investments representing an interest in a pool of funds or in other instruments, such as foreign securities, that allow participation in the rise or fall of a MORE

Links
Home
Glossary
Thesaurus