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  • The Guaranteed Investment Contract 'GIC'
    when the contract holder gets his original deposit(s) (plus guaranteed interest thereon) back at book ... its guaran- teed cost contracts (e.g., deferred annuity, deposit administration). Briefly, a guaranteed ...

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    • Authors: John D Stiefel
    • Date: Mar 1983
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Topics: Pensions & Retirement>Pension investments & asset liability management