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Guaranteed minimum income: what is it?

[ad_1] Guaranteed minimum income can refer to a social theory that all citizens receive basic means of survival or an income model used in some professions to determine a worker’s minimum pay. It can be difficult to implement due to cost and objections, but social programs like student loans and minimum wage laws help. In […]

What’s a guaranteed rate?

[ad_1] A guaranteed rate is a price, interest rate, or ongoing fee insured for a specified period of time, but can hide additional commissions or be limited. Scrutiny is important to determine benefits and fees unrelated to the guarantee. Time limitations can reduce value, so investigating after expiration is crucial. A guaranteed rate can be […]

What’s a guaranteed investment cert.?

[ad_1] A Guaranteed Investment Certificate (GIC) is a fixed-term savings method available in Canada, where the rate of return is fixed or variable, and the investor’s money is backed by a government scheme if the bank fails. GICs offer higher interest rates than deposit accounts but lower than investment products like stocks. Registered GICs offer […]

“Satisfaction Guaranteed” – What does it mean?

[ad_1] “Satisfaction guaranteed” is a common advertising slogan used by retailers and manufacturers to assure customers that their products or services will meet their needs. It is not always a legally binding contract, but rather an insurance to generate repeat business. Some customers may take it literally and demand more than a cash refund or […]

What’s a guaranteed sale?

[ad_1] Guaranteed sales can mean wholesalers taking back unsold goods or realtors buying unsold homes. Secured sales agreements, also known as consignment sales, can involve upfront payment or no payment until the retailer sells the product. It is important to read the terms and conditions carefully to avoid unexpected liability. A guaranteed sale in real […]