Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Developer
A person nominated by the Fund Manager, who is responsible for implementing the technical aspects of achieving the Fund’s objectives.
Variable Annuity
A retirement investment product with payouts that vary based on investment performance.
Exchange Transactions
Transactions in which one entity receives assets or services, or has liabilities extinguished, and directly gives approximately equal value (primarily in the form of cash, goods, services, or use of assets) to another entity in exchange.
Non-Exchange Transaction
An entity either receives value from another entity without directly giving approximately equal value in exchange, or gives value to another entity without directly receiving approximately equal value in exchange.
Calibration
Modifying or fine-tuning financial models, standards, or instruments to improve their accuracy and reliability in predicting market behavior.
Response Rate
It is a metric that measures the percentage of inquiries and requests that were answered within a specific time frame.
Non-Cash Expenses
A non-cash charge that reduces reported profits, such as depreciation and amortization.
Metal Refiner
Any person who carries on the refining by any process of a commodity into a Qualifying Metal.
Gini Coefficient
A measure of income inequality within a population, ranging from 0 (equal) to 1 (high inequality).
Variable Interest Rate
An interest rate that fluctuates over time based on market conditions.
Reinforced to
Workers' compensation, goods and services, programs, and a project that was reinforced to.
Threat Intelligence
Organized information and analysis of potential cyber threats to the organization.
Scale
The size or extent of something, often referring to the magnitude, range, or measurement of a business, operation, or financial figure.
Beneficiary Satisfaction Score
A metric used to measure the extent of beneficiary satisfaction with a specific interaction or experience.
Place of Supply
The country or any other place where the supply is considered to take place for Value Added Tax (VAT) purposes. according to the rules stipulated in the Unified Agreement for VAT of the GCC, the VAT Law, and its implementing regulations.
Transit Office
An office of a contracting party where a transport unit passes through during the transit process.
Zakat Payer
A natural or legal person who carries out an activity that is subject to Zakat, Tax and Customs' Regulations whether the activity is a sole proprietorship, a company, or whoever carries out a business activity under a license issued by a competent authority.
Zakat Payer Not Subject to Zakat
A Zakat payer who according to the Zakat, Tax and Customs Authority’s procedures has a certificate of “non-applicable to the levy of Zakat”.
Pricing Supplement
A document which contains the final terms of each debt instruments or convertible debt instruments issue which is intended to be listed.
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