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

Underwriting Factors: Life Insurance

Factors on the application that must be evaluated in order to complete the underwriting process: ag ...

Recordation

The act of recording of deeds and other property instruments in a public registry. Recordation give ...

Functional Modern Or Contemporary House

Home designs developed after World War II incorporating modern technology, materials, and architectu ...

Underwriting

The process of making a final determination on approval or rejection of a loan application. Underwr ...

Stabilization

Economic policies designed to reduce the fluctuation in the business cycle. An example is Federal ...

Home Equity Conversion Mortgage (HECM)

A reverse mortgage program administered by FHA. ...

Related Real Estate FAQ

What Is A Rate Lock?

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

How Can I Figure Out My Debt-to-income Ratio?

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of ...

What Is A Buildable Acre?

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after ex ...

What Is A Multiple Listing Service (MLS)?

A multiple listing service is a computerized listing of the homes for sale in an area listed with a ...

What Is Hazard Insurance?

Hazard insurance is insurance coverage that compensates for physical damage to a property from natur ...

What Is An Annuity?

An annuity is a long-term, interest-paying contract offered through an insurance company or financia ...

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

Agents join here

Add our widget on your Website

Real Estate Advice

Home Prices - The Extra Costs Real Estate Open House - The Dos and Don How To Sell Your Home Is it better to buy or sell a home first What is Escrow and how does it Work?

FAQ

What is a front-end ratio? What does an appraisal mean? What are comparables or comps? Is depreciation common? What does Fannie Mae mean?