Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Overstimulated Economy
An economic condition where excessive demand leads to high inflation and instability.
Developed Economies
Countries that have high levels of economic growth, advanced infrastructure, strong industrial and service sectors, as well as high per capita income and living standards.
Emerging Economies
Countries experiencing rapid economic growth, transitioning from developing to developed economies, with improvements in infrastructure, industry, and increased foreign investments.
Divisions
Distinct units or segments within an organization, each responsible for specific functions, products, services, or geographic regions.
Blue Economy
The sustainable use of ocean resources for economic growth, improved livelihoods, and jobs, while preserving the health of ocean ecosystems.
Platform Economy
An economic model that relies on digital platforms (apps or websites) to connect individuals or businesses with each other to exchange goods or services. In this model, the platform does not own the products or services itself, but facilitates the exchange between users.
Fixed Liability
Represent long-term financial obligations that an entity is committed to over an extended period, often including long-term loans, bonds, or other contractual debts.
Deregistration
The request submitted by the taxpayer to cancel his registration once he stops practicing any of the activities that require registration, or if the registration requirements are no more applicable in accordance with the relevant laws, regulations, and instructions.
Accessibility
Services should be easily accessible to all users, covering inclusivity, equality, and providing or engaging ease of access.
Registered Payment Order
Total value of the registered payment orders by which the undisbursed balance item is attached.
Information Security
Information Security is basically the practice of preventing unauthorized access, use, disclosure, disruption, modification, inspection, recording or destruction of information by providing the necessary means and methods to protect it from internal and external risks.
Funds Subject to Zakat
Any funds resulting from any business established for the purpose of earning money, whether it is commercial, industrial.....etc.
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