GUARANTEED INVESTMENT BOND – INVESTMENT PLANNING WORKSHEET
Guaranteed Investment Bond
- An investment product backed by its issuer, that promises to repay at least the full amount of capital invested and/or a guaranteed rate of interest or rate of return upon maturity. Examples include GICs, term deposits, and Canada Savings Bonds (CSBs).
guaranteed investment
- A thing used to tie something or to fasten things together
- a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
- Physical restraints used to hold someone or something prisoner, esp. ropes or chains
- adhere: stick to firmly; “Will this wallpaper adhere to the wall?”
- Adhesiveness; ability of two objects to stick to each other
- chemical bond: an electrical force linking atoms
bond
financial tsunami
HK banks sold HK$12.6 billion in "mini-bonds" which were sold as low risk investments to Hong Kongers, but they were actually some sort of derivative investments guaranteed by Lehman Brothers, and are now worthless.
Protesters were barred from Bank of China’s headquarters yesterday.
Roundtable Discussion
On left is James Bond, Chief Operating Officer of the Multilateral Investment Guarantee Agency of The World Bank
