Participating GIC: A guaranteed investment contract whose policyholder is not guaranteed a crediting rate, but instead receives a return based on the actual experience of the portfolio managed by the life insurance company.

 

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Participating GIC: A guaranteed investment contract whose policyholder is not guaranteed a crediting rate, but instead receives a return based on the actual experience of the portfolio managed by the life insu . . . View Full Definition

Participating Life Insurance Policies: Life insurance that pays dividends to policyholders depending on the company's success as provided by few claims and profitable underwritings and investments.

Participating Policy: When policyholders have what is called a participating policy from a mutual insurance company, they are eligible to receive dividends based on the company’s financial performance. When claim . . . View Full Definition

Participating Fees: The portion of total fees in a syndicated credit that go to the participating banks.

Participating Dividend: Dividend received from ownership of participating preferred stock.

Participating Preferred Stock: Preferred stock that provides the holder with a specified dividend plus the right to additional earnings under specified conditions.

Participating Provider: A physician, hospital, pharmacy, laboratory or other appropriately licensed facility or provider of health care services or supplies that has entered into an agreement with a managed care en . . . View Full Definition

Physiological Race: A geographically defined population of a species that is physiologically distinct from other populations

Pelagic Zone: One of the two basic subdivisions of the marine biome; consists of the water above the sea fioor and its organisms.

Pelagic Sediment: A ocean sediment that accumulates far enough from land that detrital materials are a minor component. These sediments are largely composed of the tiny shell debris of radiolarians and foraminifera.