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Bank Investment Contract

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Bank Investment Contract (BIC)

Interest guaranteed by the bank in a portfolio over a specific time frame with a specific yield.

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Bank Investment Contract - BIC

Our Bank Investment Contract," boasted one bank in an ad featuring a photo of the Capitol, "Offers the Backing of a Higher Authority.

The 100 grand illusion; the problem with the banks and thrifts that ... by Miller, Matthew / Washington Monthly

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