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.

Investopedia Says:
A BIC is a relatively safe investment, but it provides a low rate of return.

Related Terms:
Bank
Eat Well, Sleep Well
Interest Rate
Portfolio
Risk/Return Trade-off
Yield

• Regression
• Regressive Tax
• Regret Theory
• Regular-Way Trade (RW)
• Regular-Way Trade (RW)
• Regulated Investment Company (RIC)
• Regulated Investment Company (RIC)
• Regulation A
• Regulation D (Reg D)
• Regulation Fair Disclosure (Reg FD)
• Regulation G
• Regulation M
• Regulation Q
• Regulation SHO
• Regulation T (Reg T)
• Regulation U
• Regulation Z
• Regulatory Asset
• Regulatory Risk
• Rehypothecation
• Reimbursable Out-Of-Pocket Costs
• Reinsurance
• Reinvestment
• Reinvestment Rate
• Reinvestment Risk