Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Dual Unit Price
A settlement of the unit price calculated, in accordance with the financial statements, to which the expected credit losses are registered in the financial statements of the fund, against the unit price calculated for dealing purposes.
Durable Goods
Long-lasting consumer goods such as cars, appliances, and furniture that are used over time.
Variable-Rate Bond
A debt instrument where the interest rate is periodically adjusted based on a benchmark or index.
Savings Bond
Bonds typically issued by governmental or banking entities, designed for long-term investment with a fixed interest.
Accounting Record
All documents, books, and accounting entries that contribute to preparing the financial statements including: records of assets, liabilities, and supporting documents, such as: checks, payment receipts, receipts, invoices... etc.
Prime Interest Rate
The interest rate that banks charge their most creditworthy customers.
Standard Price
The price according to the standard price list as established by the Tax Authorities of GCC countries. The standard price is also known as the minimum price or minimum value.
Macroprudential
Financial regulations and policies designed to address systemic risks in the financial system as a whole.
Data Brokers
Companies that collect, analyze, and sell consumer and business data for marketing and financial purposes.
Corporate Bond
A debt security issued by a corporation to raise capital. Its credit rating reflects the company's ability to make interest payments and repay the principal on the bond.
Tax-Exempt Bond
A bond where interest income is not subject to taxation, often issued by governments.
Long-Run Treasury bond (T-bond)
Debt securities typically issued by government entities, central banks, banks, or other institutions, maturing after more than 10 years.
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