Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Capital Migration
The rapid movement of financial assets from a country due to economic or political instability.
Legal Obligation
A duty derived from: a contract (through its express or implied terms); legislation; or other operation of regulations.
Proposal Document
Documents submitted by the bidder to the Contracting Authority in response to an RFP for a PSP Project.
Main Sheet
A comprehensive and consolidated document or spreadsheet used to compile and organize various financial or operational data.
Enhanced Security
A contingent liability security; or a vehicle which provides a return (or purports to provide a return) by gearing, whether by borrowing or by investing in contractually based securities.
Uninsured Deposit
A bank deposit that is not protected by government insurance in case of bank failure.
Traded Security
Marketable investments that can be easily bought and sold in Exchange.
Tariff Description
Description of an article or product in accordance with the terminology used in the tariff nomenclature.
Tax Agent
A person appointed by a resident taxable person to act on behalf of that taxable person and carry out activities that create legal obligations for the appointing party by virtue of the authorization.
Export Credit Agency (ECA)
A government or quasi-government institution that provides financial assistance, insurance, or guarantees to support a country's exports and international trade.
Paying Agent
A financial institution or entity responsible for making payments to bondholders or shareholders on behalf of an issuer, often in the case of bonds or dividend payments.
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