A unified and comprehensive glossary of key terms related to the Etimad platform, its products, and services, contributing to the standardization of terminology and enhancing shared understanding among all beneficiaries
| # | Term Name | Term Description |
|---|---|---|
| 1 | (IDP) International Diversified Pool | A diversified portfolio of international investments, often used in the context of asset management. A diversified portfolio of international investments, often used in the context of asset management. |
| 2 | (Value Added Tax)VA Certificate of Registration | An official document issued by the Zakat, Tax and Customs Authority (ZATCA) that confirms the establishment's registration in the Value Added Tax system and authorizes it to engage in activities subject to tax. It includes: the name of the taxpayer, his account number (VAT Tax Identification Number An official document issued by the Zakat, Tax and Customs Authority (ZATCA) that confirms the establishment's registration in the Value Added Tax system and authorizes it to engage in activities subject to tax. It includes: the name of the taxpayer, his account number (VAT Tax Identification Number which must be shown in tax invoices), and the effective date of registration. Each VAT certificate contains a special number. Show more |
| 3 | A Code of Professional Conduct | A document and reference that are necessary to help any employee to do his daily decisions and work in a sound manner, the employee should adhere to laws and regulations accordingly. It also clarifies the principles of the entity and the values linking them to the way the employee is expected to per A document and reference that are necessary to help any employee to do his daily decisions and work in a sound manner, the employee should adhere to laws and regulations accordingly. It also clarifies the principles of the entity and the values linking them to the way the employee is expected to perform his/her work. Show more |
| 4 | A face Value Voucher | A Voucher which is issued with a specific monetary redemption value indicated on the Voucher or in related documentation. A Voucher which is issued with a specific monetary redemption value indicated on the Voucher or in related documentation. |
| 5 | A/B Testing | A/B testing, also known as split testing, is a method used to compare two versions of a webpage, app, or other digital assets to determine which one performs better in achieving a specified goal. Essentially, it involves showing the two variants (A and B) to different segments of users at the same t A/B testing, also known as split testing, is a method used to compare two versions of a webpage, app, or other digital assets to determine which one performs better in achieving a specified goal. Essentially, it involves showing the two variants (A and B) to different segments of users at the same time. The performance of each variant is then measured and analyzed using statistical methods. Show more |
| 6 | Abandoned | Financial assets or property left unclaimed by their rightful owner or their heirs, often because of the economic impracticality of claiming them or as a result of financial negligence. Financial assets or property left unclaimed by their rightful owner or their heirs, often because of the economic impracticality of claiming them or as a result of financial negligence. |
| 7 | Abandonment | The voluntary surrender of an asset or investment, typically due to financial losses or legal complications. The voluntary surrender of an asset or investment, typically due to financial losses or legal complications. |
| 8 | Abatement | A reduction in financial obligations, such as taxes or penalties, to promote economic incentives. A reduction in financial obligations, such as taxes or penalties, to promote economic incentives. |
| 9 | Ability to pay | A taxation principle stating that individuals and businesses should be taxed according to their financial capacity. A taxation principle stating that individuals and businesses should be taxed according to their financial capacity. |
| 10 | Ability to repay | A metric used to evaluate a borrower's capacity to meet debt obligations based on income and liabilities. A metric used to evaluate a borrower's capacity to meet debt obligations based on income and liabilities. |
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