Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
Most searched terms
Leasing Contract
A contract, or part of a contract, that conveys the right to use an asset (the subject asset) for a period of time in exchange for consideration.
Smart Contract
Self-executing contracts with terms written into code, typically on blockchain networks.
Executory Contracts
Contracts under which neither party has performed any of its obligations, or both parties have partially performed their obligations to an equal extent.
Beneficiary Relations
The strategies, processes, and activities used to manage and nurture interactions with beneficiaries.
Long Standing Relationship
A connection or association between individuals, businesses, or entities that has endured over an extended period of time.
Mergers and Acquisitions (M&A)
The consolidation of companies through financial transactions such as mergers and takeovers.
Client
A person for whom a Capital Market Institution executes securities transactions.
E-invoicing
A procedure aimed at converting the billing process and paper amendments into an electronic process that allows the exchange of invoices and their amendments and processing in an organized electronic format between the seller and the buyer in an integrated electronic format.
Claim's Cycle from Payment Order' Registration on the System
Series of actions that take place on the claim from the date of registration on the Etimad Platform to the date of its approval in the financial system and before disbursement.
Digital Currencies
Digital assets built on blockchain networks that represent ownership or utility within a specific ecosystem.
Sales Commission
The commission paid to the seller’s agent who is related to the seller or the factory, governed by or acting for its favor or on its behalf.
Execution-Only Customer
A customer for whom the authorized person only deals as agent in accordance with instructions provided by the customer and whom an authorized person does not advise.
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