General Account Guaranteed Investments Contract Gic

Definition of "General account guaranteed investments contract (gic)"

Type Of GUARANTEED INVESTMENTS CONTRACT in which funds for the contract are put in the insurance company's general account

Search Real Estate Glossary

Related Real Estate Glossary terms

Risk Management

Procedure to minimize the adverse effect of a possible financial loss by (1) identifying potential s ...

Replacement Cost Approach

Valuation approach to real property based on what is would cost at current prices to build an equ ...

Estate

The real and personal assets of a person at the date of death. The distribution of the assets to the ...

Temporary Major Medical Insurance

Modification of the major medical insurance policy that provides coverage for the terminating employ ...

Blue Shield

Independent, nonprofit, membership medical-surgical plan. Benefits cover expenses associated with me ...

Amortization

The systematic liquidation of a sum owed. A payment is charged at specific time intervals which will ...

Related Real Estate FAQ

What Is A CD?

A CD, or Certificate of Deposit, is an investment usually made for a given period of time at a fixed ...

What Is A Down Payment?

A down payment is the money you pay up front for the purchase of a home. ...

What Is An Interest Rate?

An interest rate is the percentage the lender charges you for borrowing money. ...

What Are My Coverage Options?

Our agents have a wide range of coverages available, as well as an array of choices for limits and d ...

What Is An Adjustable-rate Mortgage (ARM)?

A type of mortgage in which the interest rate is keyed to a certain economic index and is adjusted a ...

What Is A Buyer's Agent?

On most transactions, there is usually a listing agent and a selling agent. The selling agent is som ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Is it better to buy or sell a home first Why Right Now is a Good Time for Millennials to Buy a Home Mortgage Loan Types Should you Buy a Home with Cash? How To Choose A Realtor

FAQ

What is a counteroffer? What is a seller disclosure? Should I Pay Extra Each Month? What are the Benefits of Liability Insurance? Do you have any tips to help me manage my investing?