Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
Most searched terms
Raise the Price and Interest
Increases in prices, interest rates, taxes, or other related costs, which can impact financial planning and operations.
Payment Order Number
Payment order number allocated to the entity in the financial system.
Contract Reference Number
A reference number issued from Etimad platform. It will be added to each disbursement order submitted through the platform whether related to a project or a commissioning.
Unsubstituted Fungible
A digital asset that represents ownership of unique items using blockchain technology.
Chatbot
A computer program designed to simulate conversation with users, over the internet. Chatbots use artificial intelligence (AI) and natural language processing (NLP) to understand and respond to user queries in a conversational manner.
Tax Number
It is a fifteen-digit number that the establishment obtains after registering for a value-added tax or excise tax; it must appear in the invoice issued by the establishment and in the tax certificate.
Bid Reference Number
A number issued by the Etimad platform for each competition to track the competitor's procedures.
Invitation Reference Number
Private invitation number issued by Etimad platform sent to competitors to follow up on their status through Etimad platform.
Reference Number of Quotation
A number issued by Etimad for each bid raised by the bidders to follow up the status of the bidding through the tender system.
Activity Reference Number
A number issued by Etimad for activities of the competition.
Tax Lien
A legal claim by a government authority on a property or asset due to unpaid taxes, which can affect the property's sale or transfer until the tax debt is resolved.
Hybrid Mortgage
A mortgage that combines a fixed interest rate for a certain period with a variable rate thereafter.
Headwinds
External factors or obstacles that create resistance or challenges, potentially impeding progress.
Momentum
The strength and speed of a movement in a particular direction, often used in the context of financial markets and investments.
Log
A chronological record or detailed record of events, transactions, or data, which may be used for various purposes, including financial record-keeping.
ZAKATY
An optional service that enables individuals to pay Zakat in a smooth and easy way whether abroad or residents of Saudi Arabia through the electronic payment systems “SADAD” and “Mada”; in order to facilitate the payment of Zakat at any time and from anywhere.
Expropriation Appurtenance
Excess areas of state properties arising from projects of expropriation for public benefit.
Increase or Reduction of Contractors Obligations and Liabilities
It is a request by government entity to change some items in scope of work and obligations in accordance to the contract that has concluded between the two parties.
Site Visit
A physical inspection or site to gather information, conduct assessments, or verify conditions.
Confidentiality
Maintaining restrictions on access and disclosure of sensitive information.
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.
Green Bonds
A type of bond used to finance environmentally friendly projects. The issuer commits to using the bond proceeds for projects with positive environmental impacts.
Investment-Grade Bonds
Bonds rated relatively high by credit rating agencies, suggesting a high likelihood that the issuer will meet its financial obligations (interest and principal), and carrying relatively lower risk compared to lower-rated bonds.
Primary Market
The market where newly issued securities, such as stocks and bonds, are bought and sold for the first time, typically through initial public offerings (IPOs) or bond issuances.
Usability
Usability refers to the ease with which users can effectively and efficiently interact with a product, system, or service to achieve their intended goals. It is a fundamental aspect of user experience (UX) design, emphasizing how user-friendly and accessible a design is.
Duty-Free Market
The licensed building or place wherein goods are placed free of customs duties for purposes of display or sale.
Parallel Market
The market of Exchange where shares, that have been registered and offered pursuant to Part 8 of the Rules on the Offer of Securities and Continuing Obligations, are traded.
Capital Market
A financial market for buying and selling long-term securities like stocks and bonds.
Contractionary Fiscal Policy
A policy aimed at reducing government spending or increasing taxes to slow down the economy and reduce inflation.
Visitors
Searches