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What (who) is guaranteed annual wage - definition

CONTRACT THAT GUARANTEES REPAYMENT OF PRINCIPAL AND A FIXED OR FLOATING INTEREST RATE FOR A PREDETERMINED PERIOD OF TIME

Guaranteed Investment Contract; Guaranteed Investment Contracts; Guaranteed investment agreement

Annual plant

SHORTER-LIVED PLANT THAT COMPLETES ITS LIFE CYCLE, FROM GERMINATION TO THE PRODUCTION OF SEED, WITHIN ONE YEAR, AND THEN DIES

Annual plants; Winter annuals; Summer annual; Annual (plant); Annual Plants; Winter annual; Annual herb; Annual (botany); Annual crop

An annual plant is a plant that completes its life cycle, from germination to the production of seeds, within one growing season, and then dies. The length of growing seasons and period in which they take place vary according to geographical location, and may not correspond to the four traditional seasonal divisions of the year. With respect to the traditional seasons, annual plants are generally categorized into summer annuals and winter annuals. Summer annuals germinate during spring or early summer and mature by autumn of the same year. Winter annuals germinate during the autumn and mature during the spring or summer of the following calendar year.

One seed-to-seed life cycle for an annual plant can occur in as little as a month in some species, though most last several months. Oilseed rapa can go from seed-to-seed in about five weeks under a bank of fluorescent lamps. This style of growing is often used in classrooms for education. Many desert annuals are therophytes, because their seed-to-seed life cycle is only weeks and they spend most of the year as seeds to survive dry conditions.

https://en.wikipedia.org/wiki/Annual_plant

Traditional speciality guaranteed

QUALITY POLICY OF THE EUROPEAN UNION FOR FOOD

Traditional specialities; Traditional specialities guaranteed; Traditional Specialities Guaranteed; Traditional specialties guaranteed; Traditional Speciality Guaranteed

A traditional speciality guaranteed (TSG, plural: traditional specialities guaranteed) is a traditional food product protected under European Union and/or UK law. This label differs from the geographical indications, protected designation of origin (PDO) and protected geographical indication (PGI), in that this quality scheme does not certify that the protected food product has a link to a specific geographical area, and thus a product can be produced outside the area or country from which it originates.

https://en.wikipedia.org/wiki/Traditional_speciality_guaranteed

Wage labour

RELATIONSHIP WHERE A WORKER SELLS LABOUR TO AN EMPLOYER

Wage-labor; Wage labor; Wage-labour; Wage laborer; Paid work; Wage labourer

Wage labour (also wage labor in American English), usually referred to as paid work, paid employment, or paid labour, refers to the socioeconomic relationship between a worker and an employer in which the worker sells their labour power under a formal or informal employment contract.: "All labor contracts were/are designed legally to bind a worker in one way or another to fulfill the labor obligations the worker has undertaken.

https://en.wikipedia.org/wiki/Wage_labour

Wikipedia

Guaranteed investment contract

A guaranteed investment contract (GIC) is a contract that guarantees repayment of principal and a fixed or floating interest rate for a predetermined period of time. Guaranteed investment contracts are typically issued by life insurance companies qualified for favorable tax status under the Internal Revenue Code (for example, 401(k) plans). A GIC is used primarily as a vehicle that yields a higher return than a savings account or United States Treasury securities and GICs are often used as investments for stable value funds. GICs are sometimes referred to as funding agreements, although this term is often reserved for contracts sold to non-qualified institutions.

Example: Funds obtained through a municipal bond issuance will generally take time to be drawn down. Depositing the bond proceeds in a GIC gives the bond issuer the liquidity of having the funds available while earning a higher rate of return than it would earn in a money market account. GICs are considered safe vehicles since most insurance companies offering them are rated in the AA to AAA range.

The term "GIC" is sometimes used in the context of guaranteed investment agreements, or GIAs.

https://en.wikipedia.org/wiki/Guaranteed investment contract

Examples of use of guaranteed annual wage

1. In his final presidential address to the Southern Christian Leadership Conference, he said the movement should address "the question of restructuring the whole of American society." He called for a guaranteed annual wage for all able–bodied people, he urged the nationalization of some industries, and he told people to "question the capitalistic economy." Don‘t Miss In Depth: Black in America Interactive: Eyewitnesses recall King‘s death Behind the Scenes: The King Assassination "It didn‘t cost the nation one penny to integrate lunch counters ... but now we are dealing with issues that cannot be solved without the nation spending billions of dollars and undergoing a radical redistribution of economic power," King said during a trip to Mississippi in February 1'68.