Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
Most searched terms
Beneficiary
The person for which the special purposes entity is established to provide such a person with the necessary financing by issuing debt instruments, in accordance with the provisions of the Rules for the Special Purposes Entities.
Beneficiary-Centric Knowledge Sharing
Encouraging employees to share customer insights and best practices across departments.
Development Projects
Initiatives aimed at improving infrastructure, industries, or social services to foster economic growth.
Troubled Bank Unable to Lend
A financially struggling bank that continues operating due to government support despite being insolvent.
General and Administrative Expenses
The costs incurred by an organization to support its overall operations, including salaries, office rent, utilities, and other non-production expenses.
Category Determination Criteria
The criteria set out in Annex 28 of the Rules on the Offer of Securities and Continuing Obligations, which are used to determine whether a transaction constitutes a significant transaction requiring shareholders’ approval.
Current Accounts Reconcilement
The process of The reconciliation of ministerial checks, issued by the Ministry, paid by the Saudi Central Bank and the reconciliation of the revenues by government bodies for the Ministry of Finance current accounts in the Saudi Central Bank.
Transaction
Any arrangement, understanding, agreement, or mutual practice whether or not legally enforceable undertaken between two or more Persons.
Flat Reward
A reward's structure where partners are paid a fixed amount of money for a sale, as opposed to a percentage of the deal.
Main Contractor
The main person is the one who are assigned by awarding or direct approval to do the work.
Visitors
Searches