Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Financial Assets
Assets that hold a monetary value and can be traded, including stocks, bonds, cash, and other instruments that generate revenue or are expected to do so.
Hard Credit Inquiry
A credit check by lenders that can temporarily lower a credit score.
Exempt Goods
Goods which are required to undertake normal customs formalities on import or export but on which no customs duty is paid.
Procedures
A set of established steps or actions that should be followed to complete a specific task, process, or operation efficiently and consistently.
Qualified Competent Authority Agreement
An agreement between authorized representatives of Countries Parties or jurisdictions that are parties to an international convention providing for the automatic exchange of country-specific reports between States Parties to the convention.
Operational-Level Agreement (OLA)
An internal agreement between departments or teams that defines responsibilities and service expectations.
Fund's Total Assets Value
The fund’s assets value that are valued based on the method of assets valuation stipulated in the fund’s terms and conditions.
Import Substitution
A policy aimed at reducing dependency on imports by encouraging domestic production of goods.
Usability Testing
A method of testing websites, applications, or any digital product, by observing real users as they attempt to perform certain tasks on those products.
Grey-Box Testing
Combines white-box and black-box testing, identifying defects due to improper structure or usage.
Investments and Operating Funds' Management
Making investment decisions for investment funds and clients’ portfolios in circumstances involving the exercise of discretion, and operating investment funds.
Liability Management
Strategies for managing and optimizing a company's debt and financial obligations to minimize risk and improve financial stability.
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