Guaranteed Investment Contract (GIC)

Business / Finance / Guaranteed Investment Contract (GIC): A contract promising a stated nominal interest rate over some specific time period, usually several years.

Other Words for Contract

Contract Verb Synonyms: catch, acquire, get, come down with, develop, become infected with, go down with
Contract Adjective Synonyms: agreement, understanding, deal, bargain, arrangement, pact, commitment, obligation, compact
Contract Noun Synonyms: engage, agree, promise, covenant, undertake
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Net Investment

Business / Finance / Net Investment: Gross, or total, investment minus depreciation. MORE

Nearby Futures Contract

Business / Finance / Nearby Futures Contract: When several futures contracts are considered, the contract with the closest settlement date is called the nearby futures contract. The next (or the 'next out') futures contract is the one that settle MORE

Net Investment Income Per Share

Business / Finance / Net Investment Income Per Share: Income received by an investment company from dividends and interest on investments less administrative expenses, divided by the number of outstanding shares. MORE

Net Present Value Of Future Investments

Business / Finance / Net Present Value Of Future Investments: The present value of the total sum of NPVs expected to result from all of the firm's future investments. MORE

Next Futures Contract

Business / Finance / Next Futures Contract: The contract settling immediately after the nearby futures contract. MORE

Mutually Exclusive Investment Decisions

Business / Finance / Mutually Exclusive Investment Decisions: Investment decisions in which the acceptance of a project precludes the acceptance of one or more alternative projects. MORE

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