EGP
Currency abbreviation for the Egyptian pound, the official currency of Egypt. It was first used in 1834 upon replacing the Egyptian piastre. The currency was linked first to the gold standard, then to the British pound until in 1962, the country modestly reduced the pound and pegged it to the US dollar. The residents of Gaza Strip unofficially use the currency.
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Capital Commitment
Future capital payments that a firm has pledged to pay out on long-term assets over a particular time period. This also talks about the securities ...
Overwithholding
A term which refers to an excess amount of tax being withheld for an employee. It will be sent back as a refund to the taxpayer after he or she fil ...
Diluted Earnings Per Share - Diluted EPS
It is the measure of a company’s profits.
Covenant
Promise a firm made to an indenture or other formal debt agreement, stating some activities will or won’t be carried out. In finance, it freq ...
Gross Spread
Difference between the security price paid by the underwriter and the actual price charged to the public. The spread compensates the underwriters o ...
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