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Stage Gate
A methodology used in project management to review and assess the completion of a specific project phase, enabling key decisions on proceeding to the next phase, terminating the project, or continuing with modifications.
Liquidation of the Fund
A maximum period of 6 months from the next day of the date for the Termination of the Fund, during which the assets of fund must be fully liquidated in accordance with the provisions of the Investment Funds Regulations and the Real Estate Investment Funds Regulations.
Compensation
Cash or in-kind consideration that is estimated in accordance with the law.
Total Contract Costs
The total cost, whether direct or indirect costs, which represent the sum of variable and fixed costs.
Escrow Account
A secure, third-party account that holds funds or assets until specific conditions are met, commonly used in real estate, business transactions, and legal settlements.
Share of GDP Per Capita
The proportion of GDP allocated per individual in a country. It is calculated by dividing the country's GDP by its population. This indicator is used to measure the standard of living of individuals in the economy.
Corporate Governance
The system of rules, practices, and processes used to direct and control a company.
Fiscal Space
The amount of financial resources a government possesses and the level of spending it can sustain without harming economic stability or increasing debt unsustainably.
Disbursement Plan
Check and sort out the existing payment orders and priorities of exchange based on the available liquidity.
Self-Control
A control approach in which the entity is responsible for overseeing its financially significant operations through its personnel, in accordance with internal control procedures that are evaluated and approved.
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