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Bullet Contract |
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Bullet contract A guaranteed investment contract purchased with a single (one-shot) premium. Related: Window contract. Bullet Contract A guaranteed investment contract with a single premium and a single payout at the maturity of the contract. Like all GICs, a bullet contract provides the investor with a guaranteed principal repayment plus interest; it is usually offered by insurance companies. It is a fairly low-risk investment. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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