Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Comfort Letter
A document issued by a parent company to provide assurance or support to creditors or investors regarding the financial obligations of a subsidiary or affiliate.
Fixed Income
Are securities, such as bonds or certificates of deposit, that pay a fixed or predictable rate of interest, offering regular income to investors.
Zakat
A certain sum of money that Allah has imposed as a right for the poor. It is the third pillar of Islam and one of its obligations.
Commercial Registration
A document in which the contractor should apply and have it from the Ministry of Commerce. This document should be issued with the name and type of the commercial establishment, and the names and addresses of the owners; And their authorized activities.
Increased Localization
A shift toward producing goods and services locally rather than relying on global supply chains.
Increased Contributions
Higher financial or resource inputs, often referring to investments, taxes, or donations.
Interest Rate
The cost of borrowing money or the return earned on investments, often expressed as a percentage of the principal amount.
Zero-Coupon Bond
A bond that does not make periodic interest payments but is issued at a discount to its face value and pays the face value at maturity.
Special Bonds (BOSP)
A type of government bonds often issued for specific purposes, such as infrastructure projects or economic development.
Blockchain
A distributed and secure digital data storage system used to securely and transparently record and verify transactions and data across a network of connected computers.
Basic Goods
Essential goods such as food, fuel, and raw materials that serve as the foundation of economic activity.
Zero Interest Rate Policy
A monetary policy in which the central bank sets the nominal interest rate at or near zero, typically used to stimulate economic activity during periods of low inflation or recession.
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