Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
Most searched terms
Cash Flow Forecasting
A financial model through which an estimation of future cash flows (in and out) is made to determine the need for financing in the event of a deficit or investing surpluses.
Adjustable Payment (AP) Table
A schedule outlining changes in loan payments based on interest rate adjustments.
Bidding Condition
The status of the registered competition through the Etimad platform such as (under Under processing or approved).
Global Economic Uncertainty
Unpredictability in the global economy due to factors like crises, policy changes, or geopolitical tensions.
Up to Date Reservations of Contracts (YTD)
Existing commitments from the letter of credits in order to pay for the contracts.
Overdraft Protection
A service preventing transactions from exceeding the account balance to avoid fees.
Income
The total amount that a person earns from the work or activity he practices in accordance with the rules and provisions contained in the income tax law and its implementing regulation.
Payment Plan for a Specified Year
The total of retainages of financial credits and provision during a specified year.
Internal Control
The mechanisms, rules, and procedures implemented by the entity to ensure achievement of its strategic and operational objectives, accuracy of reports, and compliance with rules and regulations.
Economic Recession
A significant and widespread decline in economic activity over an extended period of time, often marked by a decrease in Gross Domestic Product (GDP), rising unemployment, and reduced consumer spending.
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