Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
Most searched terms
Secured Credit Card
A credit card backed by a cash deposit as collateral to reduce lender risk.
Beneficiary Offboarding
The process customers go through when they stop using a digital product or service.
Supply Chain Disruptions
Disruptions in supply chains causing delays, and increased costs.
White-Box Testing
A method of software testing examining internal structures and workings.
Leveraged Buyout (LBO)
The acquisition of a company using a significant amount of borrowed funds, with the target company's assets often used as collateral.
Underwriting
The process by which financial institutions assess risk and approve securities, loans, or insurance.
Disbursement Order
An instrument created by the government bodies to record expenditures to be ready for payment.
Non-Oil Revenues
Resources obtained by a country from all its activities, with the exception of oil revenues, oil taxes, and oil profits.
Stage Gate
A methodology used in project management to review and assess the completion of a specific project phase, enabling key decisions on proceeding to the next phase, terminating the project, or continuing with modifications.
Liquidation of the Fund
A maximum period of 6 months from the next day of the date for the Termination of the Fund, during which the assets of fund must be fully liquidated in accordance with the provisions of the Investment Funds Regulations and the Real Estate Investment Funds Regulations.
Compensation
Cash or in-kind consideration that is estimated in accordance with the law.
Total Contract Costs
The total cost, whether direct or indirect costs, which represent the sum of variable and fixed costs.
Escrow Account
A secure, third-party account that holds funds or assets until specific conditions are met, commonly used in real estate, business transactions, and legal settlements.
Share of GDP Per Capita
The proportion of GDP allocated per individual in a country. It is calculated by dividing the country's GDP by its population. This indicator is used to measure the standard of living of individuals in the economy.
Corporate Governance
The system of rules, practices, and processes used to direct and control a company.
Fiscal Space
The amount of financial resources a government possesses and the level of spending it can sustain without harming economic stability or increasing debt unsustainably.
Disbursement Plan
Check and sort out the existing payment orders and priorities of exchange based on the available liquidity.
Self-Control
A control approach in which the entity is responsible for overseeing its financially significant operations through its personnel, in accordance with internal control procedures that are evaluated and approved.
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