Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Cyberspace
The interconnected network of IT infrastructure, including the Internet, communication networks, and computer systems, and the virtual world it represents.
Vulnerability Risk
The potential exposure or susceptibility of an entity, system, or process to various risks or threats, often requiring risk assessment and mitigation measures.
Beneficiaries Base
A targeted demographic or group of people with similar interests, which make their interest in a product or service more likely.
Law of Diminishing Marginal Returns
An economic principle stating that as more of a variable input (e.g., labor) is added to a fixed input (e.g., capital), the additional output produced will eventually decrease.
Anti-Monopoly Law
Regulations designed to promote market competition and prevent monopolies or unfair business practices.
Acceptance of Root Cause Analysis & Corrective Action Plan
The acknowledgment and approval of the root cause analysis and the plan for corrective actions by the organization's Risk Department.
Promotion Decision
A decision issued by a government agency to promote an employee to a higher rank.
Contract Decision
A decision issued by the government agency to contract with the job applicant to work for it. through a contract.
Special Fund Resolution
A resolution requiring an affirmative vote of the unitholders of 75% or more of the units in the investment fund present or represented by proxy at a meeting of unitholders or by modern means of technology.
Ordinary Fund Resolution
A resolution requiring an affirmative vote of the unitholders of more than 50% of the units in the investment fund present or represented by proxy at a meeting of unitholders or by modern means of technology.
Unsecured Loan
A loan that does not require collateral and is granted based on creditworthiness.
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