Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Intellectual Property Rights (IPR)
Legal protections granted to creators for their inventions, designs, trademarks, and works of authorship.
Customer Service Solutions
Tools and technologies that assist organizations in providing better support to their customers.
Advanced Persistent Threat (APT) Protection
Protection measures against advanced threats that aim to gain unauthorized access and persist undetected by using advanced techniques.
Economics Protectionism
Economic policies that restrict imports to protect domestic industries and are linked to controlling interest rates to regulate debt levels and the purchasing power within society.
Constructive Possession
A term referring to the circumstance where a person holds legal ownership of an asset, without holding the physical possession or the right to use this asset.
Taxable Person
A person who carries out an economic activity independently with the aim of generating income, and is registered or obligated to register for tax purposes in accordance with the provisions of The Unified Agreement for VAT of GCC.
Economic World Map
A global representation of economic data, highlighting regional and national economic strengths, trade relations, and financial flows.
Bond Settlement Account (BSA)
A specialized account used to facilitate the settlement of bond transactions, ensuring the secure transfer of ownership and funds.
Money Market Account
A savings account that offers a higher interest rate in exchange for limited transaction flexibility.
Final Accounts
A cumulative report of the monthly accounts' schedules prepared to know the total expenditures and revenues at the level of government bodies within the budget, including all details and supplementary clarifications and tables.
Market Share
The percentage of total sales in an industry generated by a particular company.
Import Quotas
Limits set on the amount of a particular good that can be imported into a country, often used to protect domestic industries.
Right of Usufruct
A tangible right that entitles the beneficiary to access the property of others, and to utilize it. This right is established by the approval of the parties, or by the law, and it can be restricted for a specific term or condition.
Voting Rights
The right held by a shareholder to vote when a decision needs to be made.
Beneficiary- Centric Problem Solving
Addressing customer challenges and issues with a focus on finding solutions that meet their specific needs.
Protection and Monitoring
Monitoring government properties, protecting them from any encroachment, preserving them, and taking the necessary measures.
Exceptional Cargo
Goods that are not usually loaded in a transport unit that can be packaged and sealed due to weight, size or nature, provided that such goods can be easily recognized.
Incentives
Amounts of money paid to the entity in exchange for developing its revenues according to specific mechanisms.
Cloud Computing
On-demand access to shared computing resources over the network, including infrastructure, platforms, and software.
Beneficiary- Centric Data Governance
Establishing policies and practices to ensure the quality and safety of Beneficiary’s data.
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