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Ann Pettifor
Ann Pettifor (born February 1947) is a British economist who advises governments and organisations. She has published several books. Her work focuses on the global financial system, sovereign debt restructuring, international finance and sustainable development. She was one of the leaders of the Jubilee 2000 debt cancellation campaign.
FinanceAssociation for the Taxation of Financial Transactions and for Citizens' Action
The Association for the Taxation of Financial Transactions and for Citizens' Action (French: Association pour la Taxation des Transactions financières et pour l'Action Citoyenne, ATTAC) is an activist organisation originally created to promote the establishment of a tax on foreign exchange transactions.
FinanceAudit Scotland
Audit Scotland (Scottish Gaelic: Buidheann-sgrùdaidh na h-Alba) is an independent public body responsible for auditing most of Scotland's public organisations.
Trading basicsAustralian Prudential Regulation Authority
The Australian Prudential Regulation Authority (APRA) is a statutory authority of the Australian Government and the prudential regulator of the Australian financial services industry. APRA was established on 1 July 1998 in response to the recommendations of the Wallis Inquiry. APRA's authority and scope is determined pursuant to the Australian Prudential Regulation Authority Act, 1998 (C
Securities & exchangesAustralian Securities and Investments Commission
The Australian Securities and Investments Commission (ASIC) is an independent commission of the Australian Government tasked as the national corporate regulator. ASIC's role is to regulate company and financial services and enforce laws to protect Australian consumers, investors and creditors. ASIC, which reports to the treasurer, was established on 1 July 1998 following recommendations
FinanceBad bank
A bad bank is a corporate structure which isolates illiquid and high risk assets (typically non-performing loans) held by a bank or a financial organisation, or perhaps a group of banks or financial organisations.
Trading basicsBaltic Exchange
The Baltic Exchange (incorporated as The Baltic Exchange Limited) is a British financial services company and membership organisation for the maritime industry, and freight market information provider for the trading and settlement of chartering and derivative contracts.
BankingBank Australia
Bank Australia is an Australian customer-owned bank based in Collingwood, Victoria. The organisation can trace its origins back to 1957, when the CSIRO Co-operative Credit Society was formed. Over succeeding years, mergers among 72 other credit unions and co-operative banks eventually led to the creation of the Members & Education Credit Union (mecu) in 2003, which became Bankmecu in 201
Securities & exchangesBeneficial ownership
In domestic and international commercial law, a beneficial owner is a natural person (or persons) who ultimately owns or controls an interest in a legal entity or arrangement, such as a company, trust, or foundation. Legal owners (i.e. owners of record), commonly described as registered owners, may hold those interests as beneficial owners or for the benefit of someone else, in which cas
Trading basicsBlue Dot Network
The Blue Dot Network (BDN) is a multilateral organisation that promotes a certification framework for quality infrastructure projects. The initiative is a joint project of the governments of Australia, the Czech Republic, Japan, Spain, Switzerland, United Kingdom, and the United States that supports investment in high-quality infrastructure projects around the world, especially by the pr
Payments & settlementBPAY
BPAY (BPAY Group Holding Pty Ltd) is an Australian electronic bill payment SaaS company which facilitates payments made through a financial institution's online, mobile or telephone banking facility to organisations which are registered BPAY billers.
Trading basicsBrand architecture
In the marketing field of brand management, brand architecture is the structure of brands within an organizational entity. It is the way brands within a company's portfolio are related to, and differentiated from, one another. According to J.-N. Kapferer, the brand architecture should define the different leagues of branding within the organization; how the corporate brand and sub-brands
Securities & exchangesBremen Exchange
The Bremen Exchange (German: Bremer Börse) in Bremen was one of the eight German Regional stock exchanges until 2007. In 2000 it ceased to use the Open outcry method and in 2007 the last operative units were closed. The property of exchange's holding company went to the newly established Foundation of the Bremen Stock Exchange (Stiftung Bremer Wertpapierbörse), a non-profit organisation
FinanceCaribbean Financial Action Task Force
The Caribbean Financial Action Task Force (CFATF) is an organization of states and territories of the Caribbean Basin that have agreed to implement common counter-measures against money laundering. CFATF has associate status within the Financial Action Task Force on Money Laundering (FATF).
Trading basicsCatholic Extension
The Catholic Extension Society (also known as Catholic Extension and the Catholic Church Extension Society) is a national fundraising 501(c)(3) organization which supports and strengthens poor mission dioceses across the United States. They provide funding and resources to dioceses and parishes through programs and services investing in people, infrastructure and ministries. This support
Trading basicsCatholic Near East Welfare Association
The Catholic Near East Welfare Association (abbreviated CNEWA, pronounced "k-NAY-wah" ) is a papal agency established in 1926 and dedicated to giving pastoral and humanitarian support to Northeast Africa, the Middle East, Eastern Europe, and India. CNEWA operates specifically in areas of concentrated mass poverty, war, and displacement, providing human dignity and addressing basic needs
Securities & exchangesCayman Islands Stock Exchange
The Cayman Islands Stock Exchange (CSX) is a stock exchange based in Grand Cayman, Cayman Islands. It started operations in July 1997 and is fully owned by the Cayman Islands government. The CSX was recognised by the London Stock Exchange as an approved organisation in July 1999.
FinanceCentral Economic Intelligence Bureau
The Central Economic Intelligence Bureau (CEIB) is an Indian intelligence agency responsible for gathering information and monitoring the economic and financial sectors for economic offences and warfare.
Trading basicsCentury 21 Organisation
The Century 21 Organisation was a group of companies founded by Gerry Anderson in the early 1960s to expand on his television production company, AP Films (APF; later Century 21 Productions). In addition to APF, the group included:
Trading basicsCheque truncation
Cheque truncation (check truncation in American English, also cheque imaging) is a cheque clearance system which uses the digitization of a physical paper cheque into a substitute electronic form for transmission to the paying bank. The process of cheque clearance, involving data matching and verification, is undertaken using digital images instead of paper originals.
BankingChinese wall
A Chinese wall or ethical wall is an information barrier protocol within an organization designed to prevent exchange of information or communication that could lead to conflicts of interest. For example, a Chinese wall may be established to separate people who make investments from those who are privy to confidential information that could improperly influence the investment decisions.
FinanceCompanies of the United States with untaxed profits
Companies of the United States with untaxed profits deals with those U.S. companies whose offshore subsidiaries earn profits which are retained in foreign countries to defer paying U.S. corporate tax. The profits of United States corporations are subject to a federal corporate tax rate of 21%. In principle, the tax is payable on all profits of corporations, whether earned domestically or
Trading basicsCompany
A company is a legal entity representing an association of legal persons with a shared objective, such as generating profit or benefiting society. Depending on the jurisdiction, companies can take on various forms, including voluntary associations, nonprofit organizations, business entities, financial entities, banks, and educational institutions. Companies have evolved to share common l
Trading basicsConsumer behaviour
Consumer behaviour is the study of individuals, groups, or organisations and all activities associated with the purchase, use and disposal of goods and services. It encompasses how the consumer's emotions, attitudes, and preferences affect buying behaviour, and how external cues—such as visual prompts, auditory signals, or tactile (haptic) feedback—can shape those responses. Consumer beh
Trading basicsConsumer complaint
A consumer complaint or customer complaint is an expression of dissatisfaction concerning a product, service, or consumption experience. Consumer complaint behavior may include communicating dissatisfaction directly to a seller, discussing the experience with other consumers, or seeking assistance from a third party.
Trading basicsConsumer privacy
Consumer privacy is information privacy as it relates to the consumers of products and services.
Trading basicsConvenience
Convenient procedures, products and services are those intended to increase ease in accessibility, save resources (such as time, effort and energy) and decrease frustration. A modern convenience is a labor-saving device, service or substance which make a task easier or more efficient than a traditional method. Convenience is a relative concept, and depends on context. For example, automo
Trading basicsCredit
Credit (from Latin creditum, "loan") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. The resources provided by the first party can be either prope
Trading basicsDahabshiil
Dahabshiil (Somali: Dahabshiil, Arabic: دهب شيل) is a Somali funds transfer company, headquartered in Dubai, UAE, and is the largest money-transfer business in Africa. Formed in 2004, the firm operates from over 24,000 outlets and employs more than 2,000 people across 126 countries. It provides financial services to international organisations, as well as to both large and small business
FinanceDebt
Debt is an obligation that requires one party, the debtor, to pay money borrowed or otherwise withheld from another party, the creditor. Debt may be owed by a sovereign state or country, local government, company, or an individual. Commercial debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest. Loans, bonds, notes, and mo
BankingDinar
The dinar (, ) is the name of the principal currency unit in several countries near the Mediterranean Sea, with a more widespread historical use. The English word "dinar" is the transliteration of the Arabic دينار (dīnār), which was possibly borrowed via the Syriac dīnarā from the Latin dēnārius.
Payments & settlementDirect debit
A direct debit or direct withdrawal is a mandated financial transaction whereby a payer authorizes a payee to draw varying recurring amounts directly from the payer's bank account, commonly used for billing utilities, loans, and subscriptions. Formally, the organisation that calls for the funds ("the payee") instructs their bank to collect (i.e., debit) an amount directly from another's
Trading basicsEastern Caribbean dollar
The Eastern Caribbean dollar (symbol: $ or EC$; code: XCD) is the currency of all seven full members and one associate member of the Organisation of Eastern Caribbean States (OECS). The successor to the British West Indies dollar, it has been issued since 1965.
FinanceEconomic Intelligence Council
The Economic Intelligence Council is the apex forum overseeing government agencies responsible for economic intelligence and combating economic offences in India. The council is also the apex of 18 regional economic intelligence committees, and is part of the Union Ministry of Finance. It was formed in 1990.
Trading basicsEdeka
The Edeka Group (German pronunciation: [ˈeːdeːka]) is the largest German supermarket corporation as of 2017, holding a market share of 25.3%. Founded in 1907, it currently consists of several co-operatives of independent supermarkets, all operating under the umbrella organisation Edeka Zentrale AG & Co KG, with headquarters in Hamburg. There are approximately 4,100 stores with the Edeka
FinanceEmployees Provident Fund (Malaysia)
Employees' Provident Fund (EPF; Malay: Kumpulan Wang Simpanan Pekerja, KWSP) is a federal statutory body under the purview of the Ministry of Finance. It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia. Membership of the EPF is mandatory for Malaysian citizens employed in the private sector, and voluntary for non-Malaysian citizens.
FinanceEurasian Development Bank
The Eurasian Development Bank (EDB) is an international multilateral financial organisation aiming to contribute to the formation and development of the market economy of the Bank's member countries, their economic growth and expansion of trade and economic ties between them through investment activities. The major share of projects in the EDB's portfolio: projects with an integration ef
Trading basicsExtended warranty
An extended warranty, sometimes called a service agreement, a service contract, or a maintenance agreement, is a prolonged warranty offered to consumers in addition to the standard warranty on new items. The extended warranty may be offered by the warranty administrator, the retailer or the manufacturer. Extended warranties cost extra and for a percentage of the item's retail price. Some
BankingFils (currency)
The fils (Arabic: فلس) is a subdivision of currency used in some Arab countries, such as, in modern times, Iraq and Bahrain. The term is a modern retranscription of fals, an early medieval Arab copper coin first produced by the Umayyad Caliphate (661–750) beginning in the late 7th century and used throughout the region under its rule.
FinanceFinances of the British royal family
The finances of the British royal family come from a number of sources. The monarch and some of his family are supported financially by means of the Sovereign Grant, which comes from the government and is calculated as a percentage of profits from the Crown Estate, and which is intended to meet the costs of the sovereign's official expenditures. This includes the costs of the upkeep of t
BankingFinancial Consumer Agency of Canada
The Financial Consumer Agency of Canada (French: Agence de la consommation en matière financière du Canada, FCAC) is an agency of the Government of Canada that enforces consumer protection legislation, regulations and industry commitments by federally regulated financial entities. It also provides programs and information to help consumers understand their rights and responsibilities whe
BankingFinancial Crimes Enforcement Network
The Financial Crimes Enforcement Network (FinCEN) is a bureau within the United States Department of the Treasury that collects and analyzes information about financial transactions to combat domestic and international money laundering, terrorist financing, and other financial crimes.
FinanceFinancial Intelligence Authority (Uganda)
The Financial Intelligence Authority (FIA) is a government agency established by the Parliament of Uganda to monitor, investigate, and prevent money laundering in the country. It is also responsible for the enforcement of Uganda's anti-money laundering laws and the monitoring of all financial transactions inside the country's borders.
FinanceFinancial Intelligence Unit—India
Financial Intelligence Unit—India (FIU-IND) is an organisation under the Department of Revenue, Government of India which collects financial intelligence about offences under the Prevention of Money Laundering Act, 2002. It was set up in November 2004 and reports directly to the Economic Intelligence Council (EIC) headed by the Finance Minister.
Securities & exchangesFinancial Services Commission of Belize
The Financial Services Commission (FSC) is the Belize government agency responsible for non-banking financial regulation. It is responsible for regulating all non-banking financial market participants and setting and enforcing of financial regulations. A number of international online forex brokers obtain their international license from FSC.
FinanceFinancial Transactions and Reports Analysis Centre of Canada
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC; French: Centre d'analyse des opérations et déclarations financières du Canada) is the national financial intelligence agency of Canada.
Trading basicsFitness First
Fitness First is an international fitness centre brand founded in 1993 in the United Kingdom. The company owned and operated its clubs around the world until financial pressures saw parts of the company sold off to various owners in different regions.
Trading basicsForeign direct investment and the environment
Foreign direct investment and the environment involves international businesses and their interactions and impact on the natural world. These interactions can be observed through the stringency applied to foreign direct investment policy and the responsiveness of capital or labor incentive for investment inflows. The laws and regulations created by a country that focuses on environmental
Trading basicsForeign direct investment in India
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It differs from a foreign portfolio investment, which remains limited to the secondary markets. Broadly, the term includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and
BankingGharar
Gharar (Arabic: غرر) literally means uncertainty, hazard, chance or risk. It is a negative element in mu'amalat fiqh (transactional Islamic jurisprudence), like riba (usury) and maisir (gambling).
FinanceGlobal Finance & Technology Network
Global Finance & Technology Network (GFTN) (formerly Elevandi) is a Singapore-based nonprofit organisation created by the Monetary Authority of Singapore (MAS) in 2024 to support the development of the global fintech ecosystem.
FinanceGlobal saving glut
A global saving glut (also GSG, cash hoarding, dead cash, dead money, glut of excess intended saving, or shortfall of investment intentions) is a situation in which desired saving exceeds desired investment. By 2005 Ben Bernanke, chairman of the Federal Reserve, the central bank of the United States, expressed concern about the "significant increase in the global supply of saving" and
Trading basicsGruen (TV series)
Gruen (previously known as The Gruen Transfer) is an Australian television program focusing on advertising, which debuted on the ABC on 28 May 2008. The program is hosted by Wil Anderson and produced by Andrew Denton's production company, Zapruder's Other Films, now part of CJZ. Anderson is accompanied by a panel of advertising industry experts including Russel Howcroft (originally of Ge
Securities & exchangesICE Clear Credit
ICE Clear Credit LLC, a Delaware limited liability company, is a Derivatives Clearing Organisation (DCO) previously known as ICE Trust US LLC which was launched in March 2009.
Trading basicsIncorporation (business)
Incorporation is the formation of a new corporate body. The body may be a business corporation, a nonprofit organization, a sports club, or similar. The term is also applied in local government to the formation of a new city or town and this is called a municipal corporation.
FinanceIndonesian Financial Transaction Reports and Analysis Center
The Indonesian Financial Transaction Reports and Analysis Centre or INTRAC (Indonesian: Pusat Pelaporan dan Analisis Transaksi Keuangan, PPATK) is a government agency of Indonesia responsible for financial intelligence. The agency was formed in 2002 to prevent and eradicate suspected illicit financial flows as money laundering and provide information on transnational organized crime and
Trading basicsIndustrial and provident society
An industrial and provident society (IPS) is a body corporate registered for carrying on any industries, businesses, or trades specified in or authorised by its rules.
Securities & exchangesInsider trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In many countries, trading based on insider information is illegal. The rationale for this prohibition of insider trading differs between countries and regions. Some view it as unfair to other investors in the market w
Trading basicsInternational Association of Deposit Insurers
The International Association of Deposit Insurers (IADI) was formed on 6 May 2002 with the purpose of sharing deposit insurance expertise with the world and contributing to the stability of financial systems as the standard setter for deposit insurance with a global and expanding membership.
FinanceInternational Finance Facility
An International Finance Facility (IFF) is a bond issued against the security of donor government guarantees to maintain future aid flows for the purpose of international development.
FinanceInternational financial institutions
An international financial institution (IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law. Its owners or shareholders are generally national governments, although other international institutions and other organizations occasionally figure as shareholders. The most prominent IFIs are creations of m
FinanceInternational Forum of Sovereign Wealth Funds
The International Forum of Sovereign Wealth Funds (IFSWF) is a nonprofit international group of sovereign wealth funds managers which was established in 2009. It is based in London, England.
Trading basicsInternational investment agreement
An international investment agreement (IIA) is a type of treaty between countries that addresses issues relevant to cross-border investments, usually for the purpose of protection, promotion and liberalization of such investments. Most IIAs cover foreign direct investment (FDI) and portfolio investment, but some exclude the latter. Countries concluding IIAs commit themselves to adhere to
Payments & settlementInterpay
Interpay Nederland B.V. was the Dutch payment processor and payment product provider that operated from 1994 until 2006. Interpay owned the payment systems PIN, Chipknip, Acceptgiro and Incasso. The organisation was owned by a consortium of Dutch banks. In 2005, they spun off Currence which in 2006 merged with German company Transaktionsinstitut für Zahlungsverkehrsdienstleistungen AG to
Trading basicsIRS Criminal Investigation
Internal Revenue Service, Criminal Investigation (IRS-CI) is the United States federal law enforcement agency responsible for investigating potential criminal violations of the U.S. Internal Revenue Code and related financial crimes, such as money laundering, currency transaction violations, tax-related identity theft fraud and terrorist financing that adversely affect tax administration
FinanceISBInsight
ISBInsight is the biannual research periodical of the Indian School of Business (ISB). It features articles based on Indian and emerging markets-focused management research. ISBInsight also publishes interviews with thought leaders and decision makers from industry, academia, government and non-governmental organisations. It presents research across management areas such as strategy, mar
Fiat currenciesJem Bendell
Jem Bendell is an emeritus professor of sustainability leadership with the University of Cumbria in the UK. He is best known for originating in 2018 the concept of "deep adaptation" for individuals and communities anticipating (or already coping with) the consequences of ongoing climate change. In 2019 he founded the Deep Adaptation Forum to support peer-to-peer communications in develop
Trading basicsJunk fee
Junk fees (also known as hidden fees) are fees designed to confuse or deceive consumers by exploiting behavioral biases. They tend to come in the form of mandatory back-end fees and hidden add-on charges, which obscure the true cost of goods and services. Junk fees stand in contrast to "all-in", "upfront" pricing where consumers are shown a true single price, inclusive of fees, at the st
Trading basicsList of food labeling regulations
The packaging and labeling of food is subject to regulation in most regions/jurisdictions, to prevent false advertising and to promote food safety, and increasingly to provide greater information to consumers relating to quality or lifestyle concerns.
Trading basicsMandatory labelling
Mandatory labelling or labeling (see spelling differences) is the requirement of consumer products to state their ingredients or components. This is done to protect people with allergies, and so that people can practice moral purchasing. Mandatory labelling is mandated in most developed nations and increasingly also in developing nations, especially for food products, e.g. "Grade A" meat
Trading basicsMarket environment
Market environment and business environment are marketing terms that refer to factors and forces that affect a firm's ability to build and maintain successful customer relationships. The business environment has been defined as "the totality of physical and social factors that are taken directly into consideration in the decision-making behaviour of individuals in the organisation."
FinanceMinistry of Finance of Tajikistan
The Ministry of Finance (Tajik: Вазорати молияи Ҷумҳурии Тоҷикистон) is the Tajikistani government ministry which oversees the public finances of Tajikistan.
Trading basicsMultilateral Agreement on Investment
The Multilateral Agreement on Investment (MAI) was a draft agreement negotiated in secret between members of the Organisation for Economic Co-operation and Development (OECD) between 1995 and 1998. It sought to establish a new body of universal investment laws that would grant corporations unconditional rights to engage in financial operations around the world, without any regard to nati
Trading basicsNational Competitiveness Report of Armenia
The National Competitiveness Report of Armenia (ACR) is an annual publication of EV Consulting and the Economy and Values Research Center (a partner institute of the World Economic Forum's Global Competitiveness Network) that aims to encourage and foster in-depth dialogue and analysis on improving Armenia's competitiveness.
Trading basicsNeopatrimonialism
Neopatrimonialism is a system of social hierarchy where patrons use state resources to secure the loyalty of clients in the general population. It is an informal patron–client relationship that can reach from very high up in state structures down to individuals in small villages.
Trading basicsNews ratings in Australia
Television news ratings in Australia are collected by three main organisations: OzTAM in metropolitan areas, Regional TAM in regional areas serviced by three commercial television networks, and in areas with two commercial networks, Nielsen Media Research Australia. Ratings are collected for 40 weeks during the year, excluding a two-week break during Easter and ten weeks over summer. The
Fiat currenciesNicola Acocella
Nicola Acocella (born 3 July 1939) is an Italian economist and academic, Emeritus Professor of Economic Policy since 2014.
FinanceNigerian Financial Intelligence Unit
The Nigerian Financial Intelligence Unit (NFIU) is the financial intelligence unit of Nigeria, responsible for collecting and analyzing disclosures from reporting organizations, in order to produce financial intelligence to other agencies combating money laundering, terrorism financing, and other financial crimes. The agency serves as the secretariat of the National Sanctions Committee
Trading basicsOneCoin
OneCoin is a fraudulent cryptocurrency scheme conducted by offshore companies OneCoin Ltd (based in Bulgaria and registered in UAE) and OneLife Network Ltd (registered in Belize), both founded by Ruja Ignatova in concert with Sebastian Greenwood. OneCoin is considered a Ponzi scheme due to its organisational structure of paying early investors using money obtained from newer ones. It was
BankingOpen banking
In financial services, open banking allows for financial data to be shared between banks and third-party service providers through the use of application programming interfaces (APIs). Traditionally, banks have kept customer financial data within their own closed systems. Open banking allows customers to share their financial information securely and electronically with other banks or ot
FinancePensions in Ukraine
Pensions in Ukraine provide income for retirees in Ukraine. They are provided pursuant to the Law of Ukraine on Compulsory State Pension Insurance (statements of the Ukrainian Supreme Council, 2003, No. 49–51, art. 376) that specifies a three-tiered pension provision system.
Trading basicsPlanned obsolescence
In economics and industrial design, planned obsolescence (also called built-in obsolescence or premature obsolescence) is the concept of policies planning or designing a product with an artificially limited useful life or a purposely frail design, so that it becomes obsolete after a certain predetermined period of time upon which it decrementally functions or suddenly ceases to function,
BankingProfit and loss sharing
Profit and Loss Sharing (also called PLS or participatory banking) refers to Sharia-compliant forms of equity financing such as mudarabah and musharakah. These mechanisms comply with the religious prohibition on interest on loans that most Muslims subscribe to. Mudarabah (مضاربة) refers to "trustee finance" or passive partnership contract, while Musharakah (مشاركة or مشركة) refers to equ
FinancePublic Procurement and Disposal of Public Assets Authority
The Public Procurement and Disposal of Public Assets Authority (PPDA) is a parastatal organisation in Uganda that is responsible for regulation and supervision of procurement and disposal of government-owned property and other assets.
Trading basicsPublic Works Loan Board
The Public Works Loan Board (PWLB) (Welsh: Bwrdd Benthyciadau Gwaith Cyhoeddus) was a statutory body of the UK Government that provided loans to public bodies from the National Loans Fund. In 2020, the PWLB was abolished as a statutory organisation, and its functions were allocated to HM Treasury, where they are discharged through the UK Debt Management Office. The members of the PWLB we
BankingQirad
The qirad (also known as Muqaradah by Hanafi and Hanbali scholars) was one of the basic financial instruments of the medieval Islamic world. It was an arrangement between one or more investors and an agent where the investors entrusted capital to an agent who then traded with it in hopes of making profit. Both parties then received a previously settled portion of the profit. The agent
Trading basicsRequest for proposal
A request for proposal (RFP) is a form of reverse auction, initiated by an organisation interested in the procurement of a service or product, that solicits a business proposal from potential suppliers. It is usually part of a complex sales process, and made through a bidding process.
FinanceRevenue Commissioners
The Revenue Commissioners (Irish: Na Coimisinéirí Ioncaim), commonly called Revenue, is the Irish Government agency responsible for customs, excise, taxation and related matters. Though Revenue can trace itself back to predecessors (with the Act of Union 1800 amalgamating its forerunners with HM Customs and Excise in the United Kingdom), the current organisation was created for the indep
Trading basicsRochdale Principles
The Rochdale Principles are a set of ideals for the operation of cooperatives. They were first set out in 1844 by the Rochdale Society of Equitable Pioneers in Rochdale, England, and have formed the basis for the principles on which co-operatives around the world continue to operate. The implications of the Rochdale Principles are a focus of study in co-operative economics. The original
FinanceScience policy
Science policy is concerned with the allocation of resources for the conduct of science towards the goal of best serving the public interest. Topics include the funding of science, the careers of scientists, and the translation of scientific discoveries into technological innovation to promote commercial product development, competitiveness, economic growth and economic development. Scie
FinanceSCO Interbank Consortium
The Shanghai Cooperation Organisation Interbank Consortium (abbreviated as SCO IBC) is a platform for joint financing of development projects by members and other participants of the Shanghai Cooperation Organisation (SCO).
Trading basicsScottish Catholic International Aid Fund
The Scottish Catholic International Aid Fund, better known by its acronym SCIAF, is the official aid and development agency of the Catholic Church in Scotland. Established in 1965, SCIAF now works in eight countries across Asia, Africa and Latin America and providing assistance to vulnerable people. SCIAF works with partner organisations and has responded to humanitarian disasters with e
BankingShared Interest
Shared Interest Society Limited is a fair trade financial co-operative based in the United Kingdom formed in 1990. Today it provides credit and financial services to fair trade producers, retailers, importers and exporters throughout the world. Shared Interest works with both Fairtrade International (formerly known as Fairtrade Labelling Organizations or FLO) and the World Fair Trade Org
Trading basicsShareholder Executive
The Shareholder Executive (ShEx) was a body within the UK Government between 2003 and 2016, responsible for managing the government's financial interest in a range of state-owned businesses for commercial rather than political interests. It was part of the Department for Business, Innovation and Skills and staffed by civil servants, many of whom were corporate finance professionals with
FinanceSharia Board
A Sharia Board (also Sharia Supervisory Board, Advisory Board or Religious Board) certifies Islamic financial products as being Sharia-compliant (i.e. in accordance with Islamic law). Because compliance with Sharia law is the underlying reason for the existence of Islamic finance, Islamic banks (and conventional banking institutions that offer Islamic banking products and services) shou
Trading basicsShill
A shill, also called a plant or a stooge, is a person who publicly helps or gives credibility to a person or organization without disclosing that they have a close relationship with said person or organization, or have been paid to do so. Shills can carry out their operations in the areas of media, journalism, marketing, politics, sports, confidence games, cryptocurrency, or other busine
FinanceSkattrannsóknarstjóri ríkisins
Skattrannsóknarstjóri ríkisins, also known as the Directorate of Tax Investigations (DTI) is responsible for investigating legal cases where suspicions of tax fraud, tax evasion, or other violations of tax law are found within Iceland. The DTI is accountable to the Minister of Finance.
Trading basicsSuggestion box
The suggestion box is used for collecting slips of paper with input from customers and patrons of a particular organization. Suggestion boxes may also exist internally, within an organization, such as means for garnering employee opinion.
Trading basicsSustainable market orientation
Traditionally, market orientation (MO) focuses on microenvironment and the functional management of an organisation. However, contemporary organisations have widened their focus to incorporate more roles, functions and emphasis on the macro environment. Firms have been concerned with short run success and often not taken into account the long-run ecological, social and economic effects f
BankingTag-along right
Tag-along rights (TARs) comprise a group of clauses in a contract which together have the effect of allowing the minority shareholder(s) in a corporation to also take part in a sale of shares by the majority shareholder to a third party under the same terms and conditions.