Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Net Assets
The residual interest in the assets of the entity after deducting all its liabilities.
Net Tax
Tax resulting from deducting the Deductible Tax in a Member State from the Tax due in that State within the same Tax Period. Net Tax may either be payable or refundable.
Net Realizable Value (NRV)
The estimated selling price in the ordinary course of operations, less the estimated costs of completion and the estimated costs necessary to make the sale, exchange or distribution.
Conditional Commitment Transaction
A type of trade order in financial markets that is executed only if certain conditions are met, such as the counterparty committing to fulfill the full quantity or executing a specific price.
Title Deed
The deed a legal document that proving ownership of the property issued by the competent authority, or its equivalent for properties located outside the Kingdom.
Absolute Title Deed
A legal designation signifying full and undisputed ownership of a property or financial asset.
Investment Fund
A mutual investment program that aims to enable investors to collectively participate in the program's profits, and is managed by the fund manager for a specified fee.
Mutual Fund
A professionally managed investment fund pooling money from multiple investors.
Index Fund
An investment fund whose primary investment objective is to track the performance of a specified index.
Traded Fund
An investment fund the units of which are traded on the Main Market or the Parallel Market.
Capital Gains Tax
A tax imposed on the profit earned from the sale of investments or assets.
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