Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Estimated Revenues
Revenue expected to be collected over a specific future period.
Indirect Revenues
Revenues accrued for the entity from secondary activities or services that do not represent its primary operations, and that are authorized under its governing regulations and executive bylaws.
Actual Revenues
Revenues that have been collected in the current account of the Ministry of Finance during the fiscal year.
Warranty Card
A card issued by a guarantor or surety proving the carrier is covered by a bond hereunder ac- cording to the provisions of the Agreement on the Regulation of “Transit” Transport among Arab States.
Customs Declaration
A declaration submitted by the importer, or his representative, specifying the distinguishing elements of the declared goods and their quantity in detail in accordance with the Unified Customs System.
Income Statement
A financial report that presents an organization's revenue, expenses, and net profit or loss over a specific period.
Exempt Goods
Goods which are required to undertake normal customs formalities on import or export but on which no customs duty is paid.
Bid Opening Date
The date of opening all received offers by the government body publicly and in the presence of suppliers and bidders.
Updated Cash Flow Forecast
A revise of the cash flow forecast that incorporates new inputs to maintain an accurate and up-to-date outlook on expected cash flows.
Benefits and Deductions Analysis
Quantitative analysis of total benefits and discounts based on job rank, or job category, and the bank to which the salary is transferred.
Mitigation
Actions or strategies taken to reduce or minimize potential risks, threats, or negative impacts in various contexts, including finance.
Risk Mitigation
Strategies and actions taken to reduce or manage risks, including credit risk, market risk, and operational risk, to protect a business or investment.
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