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Economic Profit

The positive difference between total revenue generated by a business and its explicit costs and implicit costs. In other words,...

Accounting Profit

Profit or loss pertaining to a specific accounting period before deducting tax expense. In other words, it refers to profit...

Regulatory Forbearance

A regulatory policy (i.e., a policy implemented by central banks and other regulatory authorities) that permits banks and financial institutions to continue operating even...

Estimation Technique

The methods that are applied by an entity to arrive at the estimated monetary amounts for items of the financial...

Collateral

A borrower's pledge of a property to a lender or creditor in order to secure repayment of a loan or...

Commoditization

In general, the transformation of goods, ideas, or services, that are not normally viewed or considered goods, into a commodity....

Accounting Policies

A set of methods, rules, principles, bases, conventions, and practices that is used and applied by an entity in the...

Dain Mu’ajjal

Arabic (دين مؤجل) for debt (dain) that need not be repaid before it falls due (i.e., on its maturity date). However,...

Dayn Hal

Arabic (دين حال) for debt (dayn) that is falling, or has fallen, due. Dayn hal must be repaid by the...

Limited Risk Option

It is defined as positions which are taken in complex options that virtually impose no risk or a limited deal of risk such as long option, long...