Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
Most searched terms
Secured loan
A loan that requires collateral, such as a house or car, to secure the debt.
Coupons
Periodic interest payments made to bondholders by the issuer of a bond. They are a fixed percentage of the bond's face value and are paid at specified intervals.
Ability to Repay
A metric used to evaluate a borrower's capacity to meet debt obligations based on income and liabilities.
Section
It is represented by three digits of the entity code, which identifies the name of the main department in the entity.
Affiliate Department
It represents the last three digits of the entity code representing the name of the department that falls under a specific department in the entity.
Sector
The main sector of the entity, for example: the health sector, the education sector, etc.
Economic Sector
Different areas of the economy (primary, secondary, tertiary) based on the nature of the goods and services produced (e.g., agriculture, manufacturing, services).
Private Sector
The part of the economy that consists of privately- owned businesses, non-governmental organizations, and individuals engaged in various economic activities.
Channel
The mechanism adopted by the government entity in raising the payroll to the system of employee’s financial rights.
Digital Channel
A multichannel approach to provide a seamless, consistent experience using different digital channels throughout service delivery.
Customer-Centric Leadership
A leadership approach that focuses on understanding customer needs and user experience, prioritizing them in all business strategies and decisions within the financial sector
Cash Surrender Value
The amount a policyholder receives if they cancel a life insurance policy before maturity.
Purchase Value
The cost paid to the Supplier for the Asset itself, and other capitalized expenditure on that Asset.
Face Value Voucher
A voucher which is issued with a specific monetary redemption value indicated on the voucher or in related documentation.
Judicial
Matters, processes, or entities related to the legal system, including courts, judges, and legal proceedings.
Labor Force
The total number of individuals who are either employed or actively seeking employment within an economy or specific area.
Entity-Specific Value
The present value of the cash flows an entity expects to arise from the continuing use of an asset and from its disposal at the end of its useful life or expects to incur when settling a liability.
Customer Lifetime Value
The expected value that the company anticipates earning from the customer throughout their relationship.
Asset Residual Value
The estimated amount that an entity would currently obtain from disposal of the asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
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