Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Justification for Disbursement
Legal and Identification documents needed in accordance to disbursement’s rules and regulations.
Weight Matrix
A data structure or mathematical matrix used to assign weights to different elements or variables, often in the context of calculations or analysis.
Payable Fees on Expatriate Employees
Fees on expatriate workers paid by the private sector companies in order to replace foreign workers with Saudis.
Reclassification between Entities' Budgets
Budgetary Reclassification of saving amounts with some elements of government entity budget (workers, compensation, goods and services, programs and projects) to elements need to support its appropriations for due payments of another government entity budget within a fiscal year.
Financial Resources
Total shares excluding cumulative preferred shares, any amounts credited to a share premium account, audited reserves, and revaluation reserves.
Return Curve
A graph that shows the relationship between interest rates and bond maturities.
Approved Budget
The amount approved with the issuance of the budget for disbursement at the state, sector, and agency levels for the budget year.
Financial Impact Tracking System
A system that lists all opportunities under consideration by the Expenditure and Projects Efficiency Authority, ensuring that the opportunity is monitored and documented from its inception as an idea until its financial impact is achieved.
Economic Growth
The change in the level of production of goods and services over a specific period, measured by comparing the percentage growth of GDP between two time periods.
Operating Profit Margin
The percentage of earnings before interest and taxes or operating profit to net sales.
Gross Fixed Capital Formation
The flows in fixed assets that illustrate the movement of assets into and out of the establishment, and includes fixed assets that the establishment acquires for use in achieving its purposes and not for the purpose of selling them or introducing them as raw materials in its production operations, such as residential and non-residential buildings, transportation equipment, furniture, machinery and equipment).
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