GIC

British

abbreviation

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.

Sony’s music arm said last week that it set up an investment partnership with Singapore’s sovereign-wealth fund GIC to acquire music catalogs across a range of genres.

From The Wall Street Journal

GIC, Singapore’s sovereign-wealth fund, and Coatue Management plan to lead the new financing, the people said.

From The Wall Street Journal

Brookfield and GIC will pay 2.86 Australian dollars, or US$1.90, in cash for each of National Storage’s ASX-listed 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

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