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Guaranteed Investment Certificate (GIC)

A Guaranteed Investment Certificate (GIC) is a deposit instrument offered by trust companies or banks that requires a minimum investment and offers a predetermined rate of interest for a specified term, typically one or five years. Unlike other investment options, GICs cannot be withdrawn or transferred before maturity. This provides investors with a secure and predictable return on their investment.

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Understand the meaning and definition of Liquidating Order in the context of stock market, trading, and investments.

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Understand the meaning and definition of Averages and Indices in the context of stock market, trading, and investments.

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Understand the meaning and definition of Transaction Date in the context of stock market, trading, and investments.

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Understand the meaning and definition of Correction in the context of stock market, trading, and investments.

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Understand the meaning and definition of Deferred Load in the context of stock market, trading, and investments.

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