Bank Investment Contract - BIC
A BIC is a relatively safe investment, but it provides a low rate of return.
Investment dictionary. Academic. 2012.
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bank — bank1 /bangk/, n. 1. a long pile or heap; mass: a bank of earth; a bank of clouds. 2. a slope or acclivity. 3. Physical Geog. the slope immediately bordering a stream course along which the water normally runs. 4. a broad elevation of the sea… … Universalium
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bank — I (New American Roget s College Thesaurus) n. slope, hillside; mound, heap, ridge; tier; beach, shore, shoal; depository, vault. See obliquity, land, store. v. tilt, angle, slope; deposit. See edge, aviation. II (Roget s IV) n. 1. [A wall of… … English dictionary for students