Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Tax Avoidance
The use of legal methods and arrangements to exploit loopholes or tax incentives to minimize tax liability without committing a criminal offense.
Trading Halt
The temporary suspension of trading in the securities during the trading period.
Credit Report
A detailed document that summarizes an individual's or entity's credit history, including credit accounts, payment history, outstanding debt, and credit- related information, used by lenders and creditors to assess creditworthiness.
Oil Prices Volatility
Changes in the prices of crude oil in global markets due to fluctuations in supply and demand.
Assessment of Duties and Taxes
A determination of the amount of duties and taxes payable.
Marginal Cost
The additional cost incurred by producing one more unit of a good or service.
Blockchain Technology
The underlying system enabling secure and transparent digital transactions using cryptographic principles.
Financial Assessment
An analysis of the financial health, performance, or potential risks of a company or investment.
Borrowing Costs
Interest and other expenses incurred by an entity in connection with the borrowing of funds.
Absorption Cost
An accounting method that incorporates all direct and indirect manufacturing costs into the total cost of a product.
Approved Cost
The allocations that have been approved for nonannual program costs or project costs since the beginning of the program or project, or after any reduction or increase through reclassifications or reinforcements.
Extension of Contract
The government agency extends the term of the contract between it and the contractor.
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