Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
Most searched terms
Tax Period
The period of time during which the Net Tax must be accounted. In Saudi Arabia, the tax period is either a calendar month or calendar quarter.
Creditworthiness
The assessment of an individual's or organization's ability to meet financial obligations, repay debt, and manage credit responsibly, affecting their access to credit and terms of borrowing.
Red Team
A group that simulates an adversary or competitor to provide security feedback from that perspective.
Change Database
A database for tracking and managing change requests and their versions.
Customs Law
The statutory and regulatory provisions relating to the importation, exportation, movement or storage of goods, the administration and enforcement of which are specifically charged to the Customs, and any regulations made by the Customs under their statutory powers.
Cabinet Decision
An official document in a designated form expresses the cabinet's will.
Interest-only Loan
A loan where only the interest is paid for a certain period, with the principal paid later.
Payday Loan
A short-term, high-interest loan intended to cover expenses until the next paycheck.
Public Sector
The part of the economy controlled or operated by government entities, including government agencies, public services, and state-owned enterprises
Promising Economic Sectors
Industries with high potential for growth and profitability.
Award Value
The amount specified for awarding the bidding which is determined by the owner of the bidding (the government entity).
Market Fair Value
An estimate of the price at which a particular asset or investment could be sold in an open and fair market, serving as an indicator for valuing financial assets.
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