be guaranteed
41Guaranteed Stock — An infrequently used form of common or preferred stock, whose dividends are guaranteed by a third party. Railroads and public utilities sometimes issue this kind of stock. The guaranteed dividend can increase the stock s price. This can also… …
42Guaranteed Investment Contract — A guaranteed investment contract (GIC) is a contract that guarantees repayment of principal and a fixed or floating interest rate for a predetermined period of time. Guaranteed investment contracts are typically issued by life insurance companies …
43guaranteed annual income — 1. Also called guaranteed income. compensation provided by the government to any family or individual whose annual income falls below a specified level. 2. See guaranteed annual wage. [1965 70] * * * …
44Guaranteed Bond — A type of bond in which the interest and principal on the bond are guaranteed to be paid by a firm other than the issuer of the bond. This guarantee limits the impact on bondholders if the issuer of the bond goes into default. For example, in… …
45Guaranteed Death Benefit — A benefit term that guarantees that the beneficiary, as named in the contract, will receive a death benefit if the annuitant dies before the annuity begins paying benefits. The benefit received differs among companies and contracts, but the… …
46Guaranteed Investment Contract - GIC — Insurance contracts that guarantee the owner principal repayment and a fixed or floating interest rate for a predetermined period of time. Guaranteed investment contracts are typically issued by insurance companies and marketed to institutions… …
47Guaranteed Loan — A loan guaranteed by a third party in the event that the borrower defaults. The loan is quite often guaranteed by a government agency which will purchase the debt from the lending financial institution and take on responsibility for the loan.… …
48Guaranteed Minimum Pension - GMP — Pensions earned while working in the United Kingdom s public sector between 1978 and 1997. During those years, the UK’s public sector pension plan was contracted out and the pensions earned are handled differently than other years. The… …
49guaranteed bond — A type of bond for which a firm other than the issuer guarantees its interest and principal payments. Bloomberg Financial Dictionary * * * guaranteed bond UK US noun [C] (also guaranty bond) FINANCE ► a bond whose interest payments another… …
50guaranteed bond — In the USA, a bond issued by one party with payment guaranteed by another party. A common example is a bond issued by a subsidiary undertaking, which is guaranteed by the holding company …
