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Guaranteed insurance contract |
Also found in: Acronyms | 0.04 sec. |
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Guaranteed insurance contract A contract promising a stated nominal interest rate over some specific time period, usually several years. |
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? Mentioned in | ? References in periodicals archive | |
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| The funds were to be maintained in the Bank of America, and offered to major brokerage companies as collateral for guaranteed insurance contracts, which in turn were supposed to guarantee the investments. |
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Guaranteed insurance contract