Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
Most searched terms
Troubled Bank Unable to Lend
A financially struggling bank that continues operating due to government support despite being insolvent.
General and Administrative Expenses
The costs incurred by an organization to support its overall operations, including salaries, office rent, utilities, and other non-production expenses.
Category Determination Criteria
The criteria set out in Annex 28 of the Rules on the Offer of Securities and Continuing Obligations, which are used to determine whether a transaction constitutes a significant transaction requiring shareholders’ approval.
Current Accounts Reconcilement
The process of The reconciliation of ministerial checks, issued by the Ministry, paid by the Saudi Central Bank and the reconciliation of the revenues by government bodies for the Ministry of Finance current accounts in the Saudi Central Bank.
Transaction
Any arrangement, understanding, agreement, or mutual practice whether or not legally enforceable undertaken between two or more Persons.
Flat Reward
A reward's structure where partners are paid a fixed amount of money for a sale, as opposed to a percentage of the deal.
Main Contractor
The main person is the one who are assigned by awarding or direct approval to do the work.
Loading Office
An office located in the territory of a contracting party that has the authorities to place customs seals on the transport units for transit purposes.
Beneficial Ownership
A natural person(s) who ultimately own(s) or control(s) the funds of the clients or on whose behalf a transaction or activity is being conducted. It also incorporates those persons who exercise ultimate effective control over a legal person or arrangement.
Maturity Profile
The distribution of debt or financial obligations over time, indicating when debts or securities are due for repayment.
Employee Benefits
All forms of consideration given by an entity in exchange for service rendered by employees or for the termination of employment.
Digital Experience Platform (DXP)
Comprehensive technology solutions that combine a range of technologies and tools to facilitate the creation, management, improvement, and delivery of digital experiences across multiple channels and touchpoints.
YTD (Year-to- Date)
The period from the beginning of the current calendar year or fiscal year up to the present date, used for measuring financial performance, investment returns, and financial metrics within that timeframe.
Special Purpose Entity (SPE)
An entity established and licensed by the Capital Market Authority under the Rules for Special Purposes Entities, to issue debt instruments or investment units, enjoying independent financial liability and legal personality.
Approval
Formal authorization or consent for a proposed financial transaction, investment, or business decision.
Distributor
A person charged with offering units of an investment fund in the Kingdom, in accordance with the Investment Funds Regulations and the Real Estate Investment Funds Regulations.
Expropriation for Public Benefit
Compulsory acquisition of properties owned by either an individual, a private entity or a government authority for the purpose of establishing or expanding public facilities and services to achieve public benefit.
Commercial Activity
All forms of business, whether commercial, service, or other works intended to generate a profit. Commercial activities include real estate, commodity trading, provision of service, securities, finance, insurance and all banking activities.
Basic Expenses
Expenses that have a direct relation to the entity's main tasks and responsibilities, which represent the necessary expenditures for, services, programs, and projects. It is linked to obligations that must be paid on time, such as employees' compensation, and some goods.
Primary Expenses
Non-essential expenditures for the conduct of the entity’s current operations and do not lead to the provision of the primary service to the entity as they represent the expenditures necessary to implement the primary activity
Financing Expenses
The total amounts that the government must pay to the debtor against the outstanding of origin debt, such as treasury bonds, sukuk, loans and civil accounts.
Asset Transfer
The process of moving assets, such as property, securities, or funds, from one entity to another, often through sales, gifts, or inheritance.
Disclosure Form
The document or set of documents that the Taxpayer must submit to the Zakat, Tax and Customs Authority (ZATCA) pursuant to Article 14 of Transfer Pricing Bylaws.
Transfer Form
A form containing a number of fields of employee information such as the position and the entity, it should be filled out by the department requesting the transfer.
Beneficiary Experience Maturity Model
Customer Experience Practices Maturity Assessment Model, which outlines the competencies associated with customer experience and the maturity level of the organization in each of these competencies.
Type of Bidding Activity
Determine the activity of the proposed competition such as (education and training, consulting professions).
Recovery Time Objective (RTO)
The maximum tolerable downtime after a failure or disaster.
Recovery Point Objective (RPO)
The maximum data loss allowed after a recovery from a disaster or event.
Productivity Growth
The increase in productivity over time, often linked to technological advancements.
Prototype
A prototype is an early sample, release of a product built to test a concept or process or to act as a thing to be replicated or learned from. A prototype is used to visualize and test the functionality of a new product, feature, or system before it is fully developed.
Capital Migration
The rapid movement of financial assets from a country due to economic or political instability.
Legal Obligation
A duty derived from: a contract (through its express or implied terms); legislation; or other operation of regulations.
Proposal Document
Documents submitted by the bidder to the Contracting Authority in response to an RFP for a PSP Project.
Main Sheet
A comprehensive and consolidated document or spreadsheet used to compile and organize various financial or operational data.
Enhanced Security
A contingent liability security; or a vehicle which provides a return (or purports to provide a return) by gearing, whether by borrowing or by investing in contractually based securities.
Uninsured Deposit
A bank deposit that is not protected by government insurance in case of bank failure.
Visitors
Searches