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 Glossary   >   B   >   "Bank Investment Contract - BIC" Definition   

        Bank Investment Contract - BIC

A security with an interest rate guaranteed by a bank. It provides a specific yield on a portfolio over a specified period.

Bank Investment Contract - BIC


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Bank Investment Contract - BIC - A security with an interest rate guaranteed by a bank. It provides a specific yield on a portfolio over a specified period.


Bank Investment Contract - BIC : a security with an interest rate guaranteed by a bank. it provides a specific yield on a portfolio over a specified period.