Money mkt. investment

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Possible Answers: GIC.

Random information on the term “GIC”:

A Guaranteed Investment Certificate (GIC) is a Canadian investment that offers a guaranteed rate of return over a fixed period of time, most commonly issued by trust companies or banks.[1] Due to its low risk profile, the return is generally less than other investments such as stocks, bonds, or mutual funds. It is similar to a time or term deposit as known in other countries.[2]
Taken from Wikipedia