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Investment certificate

   Also found in: Wikipedia 0.01 sec.
Investment certificate
A document that serves as proof that an individual has an investment in a savings and loan association.


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RRSPs can contain a variety of investments including: RRSP savings deposits, mutual funds, guaranteed investment certificates (GICs), treasury bills, and bonds.
Because Guaranteed Investment Certificates are low risk, there is normally a lower rate of return.
Second-class investment certificates offer fast-track administrative support to investors who invest at least 40 million leva.
 
 
 
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