Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
Most searched terms
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.
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