Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
Most searched terms
Fluctuation
A disturbance in the price, value, or level of something due to market forces or external factors.
Beneficiary Experience Design
A strategic and holistic approach to designing and enhancing the overall experience of beneficiaries. It involves understanding and mapping the beneficiary journey, identifying touchpoints, and designing interactions to create positive and meaningful experiences.
Viability Rating (VR)
A rating assigned by credit rating agencies to assess the creditworthiness and financial strength of financial institutions, including banks.
Sovereign Rating
Credit ratings assigned to national governments to evaluate their creditworthiness. These ratings are important for international investors and can impact a country's ability to borrow money in the global financial markets.
Security Dealing
To deal in a security, whether as principal or agent, and dealing include the sale, purchase, manage the subscription for or underwriting securities.
Direct Authorization
A direct purchase order authorizing the government entity to skip conducting the agreement and get by with the mutual correspondences if the contract value does not exceed one hundred thousand Saudi Riyal according to Government Tender and Purchasing Law.
Avoidance of Additional Costs
Indirect financial impact resulting from proactively approving costs and committing to non-priority capital projects or operating expenses.
Hyperinflation
Extremely high and typically accelerating inflation, eroding the real value of currency.
Brand Enhancement
The natural social behavior of individuals to share a positive impression of a brand by any means.
Loan Estimate
A document provided by lenders outlining the terms, interest rates, and closing costs of a loan.
Biding
The financial and technical offer that the supplier or contractor submits to the government body according to the specifications and conditions for obtaining the competition.
Annual Report
A comprehensive document outlining the company's operations and financial performance over the past year.
Demerger
A process through which a listed company is demerged into two or more companies in according with the Companies Law. A Demerger could take the form of a Spin-Off or a Split-Off.
Information Technology (IT)
The use of technology to store, process, transmit, and retrieve information in an organization or individual context.
Submit Closure Report
The process of preparing a report that provides evidence of the successful implementation of corrective actions and justifies the closure of the incident.
Detailed Expenses Report
The process of monitoring all expenditures under payment orders from government agencies for which a transfer or check has been issued by the Saudi Central Bank.
Insurance Technology (Insurtech)
The use of technology to improve and innovate insurance products, services, and processes.
Customer-Based Corporate Valuation (CBCV)
The process of valuing an organization by forecasting current and future customer behavior using customer data in conjunction with traditional financial data.
Deemed Cost
An amount used as a surrogate for acquisition cost or depreciated cost at a given date.
Free Cost
Costs after adjustment in which contracts costs are subtracted in the Etimad platform and the disbursed amount (out of contracts allocations), reserved amounts, and non-carried forward expenses are also subtracted.
Visitors
Searches