Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Capitalization of Expenses
Expenses that lead to increasing the value of capital assets and extending their useful life, if applicable.
Issuance Program
A program under which a single prospectus under the Rules on the Offer of Securities and Continuing Obligations is produced pursuant to which a number of debt instruments or convertible debt instruments may be issued in the future, as stated in the prospectus.
Audit Program
A detailed set of procedures and instructions followed by auditors during the audit process, specifying steps to examine financial records.
Rebalancing Portfolio
Adjusting asset allocations in a portfolio to maintain desired risk levels.
Macroeconomic
A branch of economics that studies economic phenomena at the level of a country or the world like inflation, unemployment, economic growth and national income.
Consumption of Services
A term used to determine the place where a customer receives and makes actual use of a supply of services.
Development Economics
A branch of economics focused on improving economic growth and living standards in developing countries.
Long-Term Treasury Bills
Long-term government debt securities that mature in more than one year, offering higher returns to compensate investors for the risks associated with the longer duration.
Short-Term Treasury Bills
Short-term government debt securities that mature in one year or less, aimed at managing liquidity, with low risk and limited returns.
Financial Instrument
Any contract that creates a financial asset for one party and a financial liability or equity instrument for another party.
Deviation of Revenue from the Budget
This indicator measures the ratio of actual government revenue to the target to limit potential deviations in revenue for each entity in order to enhance the principle of financial responsibility and encourage government agencies to reach their financial targets.
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