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GIC

British  

abbreviation

  1. Guaranteed Investment Certificate: a form of investment that earns interest but is guaranteed not to incur loss

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The electric-vehicle maker’s Hong Kong shares fell after investor GIC filed a lawsuit against the company in the U.S., alleging it inflated the value of its securities.

From The Wall Street Journal

The electric-vehicle maker’s Hong Kong shares fell after investor GIC filed a lawsuit against the company in the U.S., alleging it inflated the value of its securities.

From The Wall Street Journal

NIO stock dropped 7.3% after Singapore’s GIC filed a lawsuit alleging artificial inflation of the Chinese electric car maker’s U.S. share price.

From Barron's

GIC, which bought 54.5 million ADRs between Aug. 11, 2020, and July 11, 2022, claims prices were inflated by the defendants’ fraud.

From Barron's

The move came after the Singaporean fund GIC filed a U.S. lawsuit seeking damages from NIO, and naming the company, CEO Bin Li, and CFO Wei Feng as defendants.

From Barron's

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.