Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Right of Usufruct
A tangible right that entitles the beneficiary to access the property of others, and to utilize it. This right is established by the approval of the parties, or by the law, and it can be restricted for a specific term or condition.
Voting Rights
The right held by a shareholder to vote when a decision needs to be made.
Beneficiary- Centric Problem Solving
Addressing customer challenges and issues with a focus on finding solutions that meet their specific needs.
Protection and Monitoring
Monitoring government properties, protecting them from any encroachment, preserving them, and taking the necessary measures.
Exceptional Cargo
Goods that are not usually loaded in a transport unit that can be packaged and sealed due to weight, size or nature, provided that such goods can be easily recognized.
Incentives
Amounts of money paid to the entity in exchange for developing its revenues according to specific mechanisms.
Cloud Computing
On-demand access to shared computing resources over the network, including infrastructure, platforms, and software.
Beneficiary- Centric Data Governance
Establishing policies and practices to ensure the quality and safety of Beneficiary’s data.
Actual Possession
A term referring to the case circumstance where a person holds physical possession and right to use of an asset (whether or not that person holds legal ownership).
Strategy Map
A visual representation of an organization's strategic objectives and the cause-and-effect relationships that connect them.
Proportional Deduction
The method of calculating Deductible Tax when the Input Tax is related to Goods and Ser- vices used to make Taxable Supplies and non-Taxable Supplies, based on the proportion referable to the Taxable Supplies.
Treasury
The department or function responsible for managing an organization's financial assets, investments, and cash flow, often in a corporate or government context.
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