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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.
Traded Security
Marketable investments that can be easily bought and sold in Exchange.
Tariff Description
Description of an article or product in accordance with the terminology used in the tariff nomenclature.
Tax Agent
A person appointed by a resident taxable person to act on behalf of that taxable person and carry out activities that create legal obligations for the appointing party by virtue of the authorization.
Export Credit Agency (ECA)
A government or quasi-government institution that provides financial assistance, insurance, or guarantees to support a country's exports and international trade.
Paying Agent
A financial institution or entity responsible for making payments to bondholders or shareholders on behalf of an issuer, often in the case of bonds or dividend payments.
Basis of Zakat Calculation
Corporate zakat calculations generally rely on general accounting principles and standards. Sharia-compliant zakat concepts can be applied to companies that prepare financial statements in accordance with the accounting principles followed in the Kingdom of Saudi Arabia, while ensuring that the taxpayer adheres to the presentation and disclosure standards and the accuracy of these statements.
Economic Stability
An economic condition characterized by relatively stable economic growth, with low and stable inflation rates, and relatively low unemployment rates, which helps avoid sharp fluctuations or unjustified increases in prices or unemployment. Economic stability is measured through indicators such as economic growth rate, inflation index, and unemployment rate.
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