GIC
abbreviation /ˌdʒiː aɪ ˈsiː/
/ˌdʒiː aɪ ˈsiː/
(Canadian English)- guaranteed investment certificate(an investment giving a fixed interest rate on a sum of money kept in a bank for a certain length of time)
- When the original two-year GIC matures, you buy another five-year GIC, and so on.