Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Stakeholders
Parties with a direct or indirect interest or involvement in the project or that may otherwise be affected by it. These may include public and private sector organizations, as well as private individuals, community representatives or non-profit bodies.
Exemption from Import Duties
Clearance of goods for home use free of import duties and taxes, irrespective of their normal tariff classification or normal liability, provided that they are imported in specified circumstances and for specified purposes.
Bankruptcy
A legal process in which an individual or business declares inability to repay debts, leading to asset liquidation or restructuring.
Development Economics
A branch of economics focused on improving economic growth and living standards in developing countries.
Macroeconomic
A branch of economics that studies economic phenomena at the level of a country or the world like inflation, unemployment, economic growth and national income.
Disbursed Payment Order
The disbursed payment order in the financial system by which transfer or ministerial check is issued.
Deviation of Revenue from the Budget
This indicator measures the ratio of actual government revenue to the target to limit potential deviations in revenue for each entity in order to enhance the principle of financial responsibility and encourage government agencies to reach their financial targets.
Oil Revenues
Income generated by a country from the sale of oil and oil-related products, which can be a significant source of revenue for oil-producing nations.
Short Selling
The practice of selling borrowed stocks with the expectation of buying them back at a lower price.
Tokenization
The process of converting rights to an asset into digital tokens on a blockchain.
Development
The process of growth, advancement, or progress, often in the context of economic, social, or infrastructure improvements or expansion.
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