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Most searched terms
Bond or Bonded Warehouse
A building approved by the Customs authorities for the storage of imported goods without payment of duties until their removal on payment of duty or for re-export.
Payroll
The employee's monthly salary slip showing the basic entitlement, deductions, and monthly allowances.
Joint Venture
A business arrangement where two or more parties collaborate on a project, sharing resources, risks, and rewards.
Advising
Advising a person in relation to a security, including advising on the merits of dealing in it, exercising any right to deal conferred by it or financial planning and wealth management in it.
Authentication
Verifying the identity of a user, process, or device to grant access to resources.
Non-Oil Source of Income
Economic sources of income that do not depend on oil exports.
Conformity
The state of compliance or alignment with established standards, guidelines, or regulations in business, ensuring that processes and practices meet expected criteria.
Developer
A person nominated by the Fund Manager, who is responsible for implementing the technical aspects of achieving the Fund’s objectives.
Variable Annuity
A retirement investment product with payouts that vary based on investment performance.
Exchange Transactions
Transactions in which one entity receives assets or services, or has liabilities extinguished, and directly gives approximately equal value (primarily in the form of cash, goods, services, or use of assets) to another entity in exchange.
Non-Exchange Transaction
An entity either receives value from another entity without directly giving approximately equal value in exchange, or gives value to another entity without directly receiving approximately equal value in exchange.
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